SETS IMPLEMENTATION
SETS IMPLEMENTATION
LSE USHERED IN NEW ERA OF ORDER DRIVEN TRADING WITH SETS
LONDON--The London Stock Exchange launched its Stock Exchange Electronic Trading Service (SETS) this October ushering in an order driven market for all FTSE 100 stocks. The official launch of SETS on October 20 experienced a relatively volatile trading day. However, there were no reported technical mishaps.
Earlier in the year, LSE member firms had experienced doubts that the October 20 launch date would be met. However, as the year rolled
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