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SEAQ
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SEAQ is the Stock Exchange Automated Quotations system.
This screen-based trading system for UK securities was introduced on October 27 1986 as part of the city's Big Bang.
SEAQ carries the market makers ' bids and offers for UK securities.
In other words SEAQ is a continuously updated computer database containing price quotations and trade reports in UK securities.
SEAQ has a brother more global in outlook. He's called SEAQ International - this is the London Stock Exchange 's electronic price quotation system for non-UK equities.
SEAQ International forms the basis for the London market in international securities. It has been a major success story, helping to establish London as the world's leading centre for international share trading.
See Also: Online share dealing service Stockmarket Centre
Last Updated: March 2008 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.