SETSqx

E42907

SETSqx is a hybrid electronic trading service on the London Stock Exchange that combines periodic auctions with continuous quote-driven market making for less liquid securities.

AI illustration

How this image was made

AI-generated illustration of SETSqx

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of SETSqx (SETSqx is a hybrid electronic trading service on the London Stock Exchange that combines periodic auctions with continuous quote-driven market making for less liquid securities.)

All labels observed (1)

Label Occurrences
SETSqx canonical 4

How this entity was disambiguated

Statements (35)

Predicate Object
instanceOf market segment ⓘ
trading service ⓘ
aimsTo improve liquidity for less liquid securities ⓘ
provide efficient price formation for illiquid instruments ⓘ
auctionFrequency periodic auctions at scheduled intervals ⓘ
country United Kingdom ⓘ
currency GBP ⓘ
linked to: Pound sterling
designedFor securities not suited to fully order-driven SETS ⓘ
exchangeSegmentOf London Stock Exchange Main Market ⓘ
focusesOn securities with lower trading volumes ⓘ
hasComponent periodic auction book ⓘ
quote-driven market making ⓘ
hasTradingParticipants member firms of the London Stock Exchange ⓘ
marketStructure order-driven and quote-driven hybrid ⓘ
marketType hybrid electronic trading service ⓘ
operatedBy London Stock Exchange ⓘ
priceDiscoveryMethod auction uncrossing prices ⓘ
market maker quotes ⓘ
provides on-book trading for less liquid securities ⓘ
purpose to facilitate trading in less liquid securities ⓘ
quoteProvision supported by registered market makers ⓘ
regulatorJurisdiction Financial Conduct Authority ⓘ
relatedTo SEAQ ⓘ
SETS ⓘ
segmentType quote-driven with periodic auctions ⓘ
supports order-driven periodic auctions ⓘ
quote-driven continuous trading ⓘ
supportsTradingIn equities ⓘ
investment funds ⓘ
other less liquid listed instruments ⓘ
tradingHoursRelation operates during London Stock Exchange trading hours ⓘ
tradingMechanism electronic order book ⓘ
quote-driven market making ⓘ
tradingModel combines periodic auctions with continuous quote-driven market making ⓘ
usedFor less liquid securities ⓘ

How these facts were elicited

Referenced by (4)

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

London Stock Exchange → tradingSystem → SETSqx ⓘ
subject linked to: LSE