You are here: Home Page / Dictionary

Moneyextra.com

SETS


Additional Services

 

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 it's 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

Last Updated: April 2008 © Moneyextra.com

 

MoneyExtra.com 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.