SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses) is a trading platform for securities less liquid than those traded on SETS.
Since 8 October 2007, all Main Market and EURM AIM equity securities not traded on a full order book are traded on SETSqx. They joined the Main Market and AIM securities with less than 2 market makers which were added on 18 June 2007 following the replacement of SEATS Plus.
SETSqx combines a periodic electronic auction book with standalone quote driven market making. Uncrossings are scheduled at 8am, 11am, 3pm and 4:35pm. Electronic orders can be named or anonymous and for the indicated securities order book executions will be centrally cleared.
If you have any comments regarding SETSqx, please contact either your primary account manager or Demos Skordis from our product management team on +44 (0)20 7797 4513 or email dskordis@londonstockexchange.com