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Stock Exchange Automated Quotation system |
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Stock Exchange Automated Quotation systemThe computerised system at the London Stock Exchange which continuously updates prices and trade reports for UK securities (shares, gilts etc). SEAQ lists the market makers' bid and offer prices, together with the Normal Market Size at which those prices will be honoured. Shares traded using SEAQ are said to be traded on the 'quote book'.The very largest companies quoted on the London Stock Exchange are traded on the Stock Exchange Electronic Trading Service (SETS) which automatically matches buyers and sellers, and which is known as the 'order book'. SEAQ is used for those stocks which are too small to be traded on SETS.Similar MatchesNational Quotation BureauNational Quotation BureauA service that publishes bid and offer quotes from market makers in OTC transactions. Nominal quotationNominal quotationUsed in the context of general equities. Bid and offer prices given by a market maker for the purpose of valuation, not as an invitation to trade; must be specifically identified as such by prefixing the quotes FYI (for your information) or FVO (for valuation only). QuotationQuotationHighest bid and lowest offer (asked) price currently available on a security or a commodity. QuotationQuotationThe highest bid price and the lowest offer price of a security available at any particular time. European Association of Securities Dealers Automated Quotation (EASDAQ)European Association of Securities Dealers Automated Quotation (EASDAQ)European equivalent of Nasdaq. Further SuggestionsJapanese Association of Securities Dealers Automated Quotation System (Jasdaq)European Association of Securities Dealers Automated Quotation National Association of Securities Dealers Automatic Quotation System (Nasdaq) Quotation board Stock Exchange Automated Quotation (SEAQ) International Quotations |
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