The Stock Exchange Automated Quotation (SEAQ) system enables its users to trade small-cap London Stock Exchange-enlisted stocks. Stocks can be traded via SEAQ when they have at least two market-makers. Users cannot trade new stocks with SEAQ and only trade AIM stocks with low liquidity. Market-makers made the system without a public limit order book.
The SEAQ’s goal is to always provide trading opportunities and to lower bid-ask spreads because of the competition between market-makers. At the moment spreads are high on SEAQ as liquidity is lacking. The SEAQ isn’t MiFID compliant but a multilateral trading facility instead. The SETSqx system replaced the SEAQ system in 2007. This new system displays all participants’ limit orders.
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.