The Boring Intro is Actually Cool§
Imagine a world where you could keep track of stock prices without any assistance from Siri or Alexa. Welcome to the era of SEAQ (Stock Exchange Automated Quotations System), a computerized system used by the London Stock Exchange (LSE) that made traders feel like they were living in the future back in the good ol’ days!
The Rise of SEAQ: Your 80’s Internet Sensation§
SEAQ was basically the Instagram for stock prices when it was launched—kicking out the physical hand signals and shouts of pit traders and replacing them with slick, electronic quotations from market makers. These market makers were the celebrities signing autographs — err, posting prices.
SEAQ and the FTSE 250: BFFs until They Weren’t📉§
For a while, SEAQ was the go-to place for keeping track of the celebs on the FTSE 250 Index…until they ditched it for a younger, cooler system— the Stock Exchange Trading System (SETS). Think of SETS as the new hot social media, making SEAQ seem like an ancient form of MySpace for stock prices.
SEAQ Ain’t Done Yet 🎬§
Just because the FTSE 250 left doesn’t mean SEAQ is out of the game! It’s thriving on the Alternative Investment Market (AIM), where smaller companies get their time in the limelight. It’s like SEAQ decided,
