SEAQ


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SEAQ

Stock Exchange Automated Quotation System

An electronic system for trading mid-cap securities over-the-counter. Only securities traded on the London Stock Exchange but not included in the FTSE 100 can be traded on SEAQ. Its rules are considered rather stringent, and critics contend that this contributes to illiquidity on SEAQ. Because of its basic structure as an electronic, over-the-counter exchange, it is sometimes called London's NASDAQ.

SEAQ

see STOCK MARKET.
References in periodicals archive ?
MARKET SUMMARY FT-SE 100 Yesterday ..?19.42....?6419.15 FT-SE 250 Yesterday ..?34.07....?15135.99 Sterling Index...............u/c ...........?87.30 Pound/Dollar ................?0.0033..?1.6036 Pound/Yen ...................?1.0200..?173.4150 Pound/Euro..................?0.0027..?1.2667 SEAQ Trading Volume Yesterday..
The bonds and other items will be traded in euros on the Exchange's multi-currency trading system, SEAQ.
FT-SE 100 Yesterday....19.86.......5891.61 FT-SE 250 Yesterday.....6.33............11433.11 Sterling Index.................0.30........80.50 Pound/Dollar ...........0.0021....1.5507 Pound/Yen.....................0.4500....129.86 Euro................................0.0054....1.1824 SEAQ Trading Volume Yesterday .