Unlisted Celebrates First Three Years
1 3 De c embe r 20 0 6
Today Unlisted marks its third anniversary. Manager Bruce Cossill takes a look back at highlights of the facility’s
first three years in operation and 2006 in particular.
Contrast and challenge
Unlisted’s first three years in operation can best be described as years of contrast and constant challenge. Unlisted
launched on 13 December 2003 with four issuers and a handful of participating brokers, and ends 2006 quoting 26
securities for 23 issuers with most major broker firms participating.
In between Unlisted has enjoyed rapid issuer growth in 2004, suffered through an interminable regulatory review in 2005,
and managed to regain some balance and momentum in 2006.
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ENDS