SETS

E42906

SETS is the London Stock Exchange’s central electronic order book system used for automated trading of the most liquid UK securities.


Statements (48)

Predicate Object
instanceOf central order book
electronic trading system
market segment of the London Stock Exchange
aimsTo enhance trading efficiency
improve liquidity in UK securities
currencyOfTrading Pound sterling
surface form: "GBP"
dataDistributedVia London Stock Exchange market data feeds
executionMethod central electronic order book
fullName Stock Exchange Electronic Trading Service
governedBy London Stock Exchange
surface form: "London Stock Exchange trading rules"
hasAbbreviation SETS
hasFeature electronic order matching
post-trade transparency
pre-trade transparency
price-time priority
includesSegment SETSmm
introducedBy London Stock Exchange
introducedFor trading of blue-chip UK stocks
languageOfOperation English
locatedInJurisdiction United Kingdom
marketModel order-driven
operatedBy London Stock Exchange
operatesOn trading days of the London Stock Exchange
orderBookType central limit order book
primaryUse trading FTSE 100 constituents
trading other highly liquid UK-listed shares
provides electronic trade execution
real-time price formation
regulatesAccessFor member firms of the London Stock Exchange
relatedTo AIM
SEAQ
subjectTo UK financial regulation
supports closing auction
continuous trading
fill-or-kill orders
hidden orders
iceberg orders
immediate-or-cancel orders
intra-day auctions
limit orders
market orders
opening auction
order book transparency
timeZone Europe/London
trades equities
the most liquid UK securities
usedFor automated trading
order-driven trading

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.