Nominated Advisor - NOMAD

AAA

DEFINITION of 'Nominated Advisor - NOMAD'

A company that has been approved as a nominated advisor for the Alternative Investment Market (AIM), by the London Stock Exchange. Individuals are not permitted to becoming nominated advisors, and there are certain criteria that must be met by a company before it is approved for membership.

INVESTOPEDIA EXPLAINS 'Nominated Advisor - NOMAD'

The basic criteria for a potential nominated advisor is that the company has to have practiced corporate finance for two years, been a financial advisor in three qualified transactions in two years and must employ at least four "qualified executives".

The primary responsibility of a NOMAD is to help a new company in its admission to the AIM, and to provide advice to avoid the delisting of the new company.

RELATED TERMS
  1. Investment Bank - IB

    A financial intermediary that performs a variety of services. ...
  2. Federal Covered Advisor

    An investment advisor in the United States that manages more ...
  3. Delisting

    The removal of a listed security from the exchange on which it ...
  4. Footsie

    A slang term for the Financial Times Actuaries 100 index (FTSE ...
  5. FTSE

    A company that specializes in index calculation. Although not ...
  6. Corporate Finance

    1) The financial activities related to running a corporation. ...
RELATED FAQS
  1. What are the listing requirements for the Nasdaq?

    Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, ... Read Full Answer >>
Related Articles
  1. Investing Basics

    The Dirt On Delisted Stocks

    Listed securities are "the cream of the crop". Find out how a firm can lose that status and why you should be wary.
  2. Options & Futures

    Getting To Know The Stock Exchanges

    Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
  3. Investing

    What does Large Cap mean?

    The “cap” in large cap refers to a company’s capitalization as determined by the total market value of its publicly traded shares. Large cap is short for “large market capitalization.”
  4. Investing

    The Production Possibility Frontier (PPF)

    A production possibility frontier (PPF) is a range of answers to the question, “What is our maximum production capacity?”
  5. Personal Finance

    Which Degree Is Better For A Business Career?

    Business administration and finance degrees can both lead to good jobs. Finance builds more quantitative skills, administration gives broader training.
  6. Personal Finance

    Is An MBA The Best Bet For Finance, Econ Students?

    An MBA offers a fairly comprehensive business education, while a master's program in finance or economics focuses on a more narrow set of skills.
  7. Investing

    What's a Debit Note?

    A debit note is a document used by a seller to inform a purchaser of a dollar amount owed. As the name indicates, it is a note from the seller that a debit has been made to the purchaser’s account. ...
  8. Professionals

    What does C-Suite Mean?

    C-Suite is a slang term used to describe the highest level senior executives of a corporation. This is the decision-making, power center of a company. These individuals are usually paid well, ...
  9. Investing

    What's a Monopolistic Market?

    A monopolistic market has a significant number of characteristics of a pure monopoly. Though there may be more than one supplier, the market has high prices, suppliers tightly control availability ...
  10. Professionals

    What's Human Capital?

    Human capital is a company asset, but it’s not listed on the balance sheet. Human capital is all of the creative skills and knowledge embodied in the employees of a company -- skills that bring ...

You May Also Like

Hot Definitions
  1. Fixed-Charge Coverage Ratio

    A ratio that indicates a firm's ability to satisfy fixed financing expenses, such as interest and leases. It is calculated ...
  2. Efficiency Ratio

    Ratios that are typically used to analyze how well a company uses its assets and liabilities internally. Efficiency Ratios ...
  3. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  4. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  5. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
  6. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, engineering, scientific or computer-related duties, as ...
Trading Center