Moneyextra.com
SETS
Additional Services
- Company Reports - get free company reports here!
- Stocks & Shares ISAs - look for the best ISA online
- Insurance - need home, travel or car insurance?
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.
