AIM was established by the London Stock Exchange in 1995 as a smaller companies’ market, to provide young and growing businesses with a means of raising capital and experiencing a public market in their securities. At the end of October 2005 there were 1,332 companies trading on AIM with a total market capitalisation in excess of £50 billion and individual market capitalisations ranging from less than £2 million to more than £1 billion. Of these, 196 are overseas companies, which have a combined market capitalisation in excess of £3.5 billion. (November 2005)
AlterNext (EuroNext)
Launched on May 17 2005, Alternext is designed to enable smaller companies raising capital in the eurozone, simplified market access and more flexible rules.