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Moneyextra.com Dictionary

SETS

The Stock Exchange Electronic Trading Service SETS is the formal name for the electronic trading order book introduced at the time of Big Bang 2 in October 1997.

In short its a computer-driven trading system which initially handled trades for more than 100 leading companies traded on the London Stock Exchange.

The system is anonymous. Orders to buy or sell shares are matched automatically by computers.

For share prices see Stockmarket

See Also Online share dealing service Stockmarket Centre

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2009-02-17 00:00:00 © Moneyextra.com