Stock Exchange Electronic Trading Service
Stock Exchange Electronic Trading ServiceThe automated trading system introduced in 1997 for the largest companies quoted on the main list of the London Stock Exchange. Trades through SETS match buyers and sellers automatically, cutting out the need for a market maker which theoretically means a narrower bid-offer spread. Smaller companies continue to use the SEAQ 'quote' book system, with market makers quoting prices to brokers and trades being done on a semi-automatic rather than fully-automatic basis.
Electronic funds transfer (at point of sale)Electronic funds transfer (at point of sale)
An electronic payment system in which a plastic card is used to purchase goods or services. Subsequently the seller obtains payment by the electronic transfer of funds from the purchaser's card account.
Electronic public offeringElectronic public offering
An initial public offering, or new issue of shares, in which the process of applying for shares is handled electronically (via websites).See 'initial public offering'.
Electronic Data Gathering, Analysis and Retrieval SystemElectronic Data Gathering, Analysis and Retrieval System
In the US, EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the US Securities and Exchange Commission (SEC). Its primary purpose is to increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy by accelerating the receipt, acceptance, dissemination, and analysis of time-sensitive corporate information filed with the agency.
Electronic Queriable CarrierElectronic Queriable Carrier
A transporter of goods which allows tracking of goods in transit electronically using a waybill number such as United Parcel, Federal Express, etc.
Electronic depository transfersElectronic depository transfers
The transfer of funds between bank accounts through the Automated Clearing House (ACH) system.
Further SuggestionsClearing House Electronic Subregister System (CHESS)
Swiss Electronic Bourse (EBS)
Electronic Funds Transfer Systems