Nominated Adviser (NOMAD)
Encyclopedia
A nominated adviser is a firm or company which has been approved by the London Stock Exchange
(LSE) as a nominated adviser for the Alternative Investment Market
(AIM) and whose name has been placed on the register of nominated advisers published by the London Stock Exchange.
The NOMAD project manages the admission of new issues to AIM and also acts as the effective regulator. Typically the NOMAD is a firm of investment bankers with experience of bringing companies to the market.
The NOMAD performs this regulator role under licence from the LSE. This unique situation arises largely because the AIM is an exchange regulated market.
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
(LSE) as a nominated adviser for the Alternative Investment Market
Alternative Investment Market
AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....
(AIM) and whose name has been placed on the register of nominated advisers published by the London Stock Exchange.
The NOMAD project manages the admission of new issues to AIM and also acts as the effective regulator. Typically the NOMAD is a firm of investment bankers with experience of bringing companies to the market.
The NOMAD performs this regulator role under licence from the LSE. This unique situation arises largely because the AIM is an exchange regulated market.