Glossary: Unquoted share

Also known as unlisted shares, these are shares in companies – often smaller ones – that are not traded on any stock exchange either because they prefer to run their businesses in relative privacy or they are simply too small to join a stockmarket and so do not meet the listing requirements, such as minimum market capitalisation. As unquoted securities are not traded on – and regulated by – a recognised stock exchange, prices can be volatile and they can be risky investments.

Relevant to: Stocks & shares

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