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Stock Exchange Trading System

A Dictionary of Business and Management | 2006 | 388 words | Copyright

Stock Exchange Trading System (SETS) The London Stock Exchange order-driven electronic trading system that came into operation in 1997. It partly replaced the existing quote-driven system (see Stock Exchange Automated Quotations System). Buyers and sellers enter their orders, which are matched by computer. It covers the 100 shares of the FT-SE 100 index and other blue chip securities.

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