SEAQ Crosses combines the market maker quotes of SEAQ with the opportunity to match orders in three crosses per day in the SEAQ FTSE 250 securities. The orders cross at the mid-price on the 'Yellow Strip'. Market makers continuously quote international share prices, usually in the home currency of each country. For information on the functionality Instinet is supporting click here . Orders can be entered, modified, and deleted.
Trades continuously occur as orders match.
Limit and Market Order entry, modification and deletion. No trades occur until auction matching at 16.35. Housekeeping 16.30-17.00 Order deletion only. An auction will automatically be initiated. MQP 08.00-16.30 Market maker quotes entered throughout this period.