Second Secondary

The Seedrs secondary market trading window is open again. As predicted, there are more listing this time with 292 lots listed (vs. 111 last month). Because there are more lots, I haven’t had the chance to do any real analysis yet – a quick skim through the various listings suggests there are companies on offer that weren’t available last month but I can’t say much more than this about what’s happening.

From a technical point of view, there look to have been a few tweaks to the way the listings are displayed with new sort order functionality (which doesn’t quite work correctly) and a drop-down but no changes with regard to the way the market actually functions – you can still only by lots in companies you already hold and you can ‘register interest’ (whatever that actually means) in the rest.

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