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MID CAP

These are stocks that are not large enough to be large cap but are nonetheless relatively big and widely held and traded.

The exact size depends on who is using the term but could vary from £100m up to £3bn. In the London market for example it would not refer to stocks in the FTSE 100 but would be used to describe firms in mid-250 (the next 250 biggest stocks by market capitalisation).

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