Competing for quotes: the Stock Exchange's pre-eminence in London is being challnged.Order-driven dealing systems in competition with SEAQ are likely to be launched in the nearfuture
Article Abstract:
The report by the Office of Fair Trading (OFT) on StockExchange market maker rules has fuelled debate about the relative merits of quote-driven andorder-driven dealing systems. The OFT has cricticsed the privileges that the market makersenjoy in the quote-driven London Stock Exchange SEAQ system. Several overseas exchangesuse the order driven dealing system which matches anonymous buyers and sellers. The EuropeanAssociation of Securities Dealers (EASD) has proposed the EASDAQsystem.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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London throws in the towel
Article Abstract:
Trade Indemnity is a credit insurer which is to be acquired by Compagnie Financiere SFAC, a French company which has Assurances Generales de France as a major shareholder. Trade Indemnity was affected by problems from 1989 to 1991. The acquisition will leave the UK credit insurance market dominated by SFAC and NCM from the Netherlands. There is potential for growth in this market and the acquisition could benefit Compagnie Financiere considerably.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Electrifying London
Article Abstract:
The London Stock Exchange still lags far behind the rest of the world when it comes to electronic share ownership. UK private investors are now active investors and require swift, electronic clearing and settlement.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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