SETS (Stock Exchange Electronic Trading System): Otherwise known as "The Order Book" this is an electronic trading system that matches buy and sell orders at the best available price. London Stock Exchange member firms enter bid or offer orders into the system which then displays them to all members. Member firms can see the number of orders at different prices in the market allowing them to build up a picture of what the market is doing. Not all trades in SETS listed stocks are executed through the system. They might be traded "off exchange" between two counterparties. However, SETS establishes the benchmark for pricing of the shares, with around 75% of trades in SETS stocks being done at the order book price.
Stock Electronic Trading Service. The order driven system used to trade FTSE 100, ex-FTSE 100 and reserve shares.
Stock Exchange Electronic Trading System. An automated trading system introduced onto the LSE in 1997 that matches buyers and sellers without the need for physical mediation.
Stock Exchange Electronic Trading Service in operation since October 1997. (see Order Book)
Stock Exchange Electronic Trading Service. An electronic order-driven trading system introduced by the London Stock Exchange in October 1997. SETS initially applied to the FTSE 100 stocks, but was extended to take in the FTSE 250 in 1998.
The electronic order driven trading system employed to deal in the FTSE 100, ex FTSE 100 and reserve UK equities.
Stock Exchange Electronic Trading Service - an electronic limit order book used to trade blue chip stocks, including all FTSE-100 stocks.
Stock Exchange Electronic Trading Service. The new stock exchange dealing service that handles the leading shares on the market. It is also referred to as the order book.
Stock Exchange Electronic Trading Service - stocks whose prices are set via the Order driven part of the London market (the Order Book) - these are typically the main traded stocks. There are three groups at present, SET1, SET2 and SET3. SET1 stocks are roughly equivalent to the FTSE 100 plus a few additional stocks.
Stock Exchange Electronic Trading Service, is an electronic system to match bargains between buyers and sellers, without using the market makers.
Stock Exchange Electronic Trading System. Order driven electronic trading system employed to deal in the FTSE 100 and ex FTSE 100 equities.
Refer to Secured Electronic Transactions.
Stock Exchange Electronic Trading Service. The LSE's order-driven trading system.
The London Stock Exchange Electronic Trading Service (SETS) is the London Stock Exchange trading service for UK blue chip securities. It is an automatic electronic order driven trading service that can execute hundreds of trades a second.
SETS is the London Stock Exchange's blue chip market where all UK FTSE Eurotop 300 equities are traded. The market is based on an electronic order book.
The Stock Exchange Electronic Trading Service (SETS) is the formal name for the electronic trading order system introduced on the London Stock Exchange in October 1997. All the FTSE 100 stocks and around 50 of the FTSE 250 stocks are traded on the SETS. All the other stocks are traded over the SEAQ system.
Stock Exchange Electronic Trading System. Anonymous electronic order matching system of the London Stock Exchange.