London Stock Exchange

Accountants' Report
A comprehensive report prepared by accountants that includes financial information, often required to be included in a company's prospectus as mandated by the London Stock Exchange.
Alternative Investment Market (AIM)
The Alternative Investment Market (AIM) is a sub-market of the London Stock Exchange that gives smaller companies the opportunity to raise capital and gain visibility among investors.
Alternative Investment Market (AIM)
The Alternative Investment Market (AIM) is a sub-market of the London Stock Exchange (LSE). Launched in June 1995 to replace the Unlisted Securities Market, AIM provides a platform for smaller, growing companies to raise capital and have their shares publicly traded without the significant costs and regulatory complexities associated with a full market listing.
Big Bang
The 'Big Bang' refers to the major changes introduced on the London Stock Exchange (LSE) on 27 October 1986, aimed at deregulating and modernizing market operations.
Dual-Capacity System
A system of trading on a stock exchange in which the functions of stockbroker and stockjobber are carried out by separate firms. Dual capacity existed on the London Stock Exchange prior to October 1986 when a single-capacity system was introduced.
FTSE 100 (Footsie)
The FTSE 100, widely known as the Footsie, is a major market capitalization-weighted index consisting of 100 blue-chip stocks listed on the London Stock Exchange, commonly referenced for gauging the performance of leading companies in the UK.
FTSE Indexes
The FTSE Indexes are a series of stock market indices created by the Financial Times and the London Stock Exchange to measure the performance of companies listed on the London Stock Exchange.
House
In various contexts, the term 'house' can denote different meanings ranging from a dwelling for residence to a business establishment engaged in securities or investment banking.
Interim Financial Statements
Interim financial statements are financial reports issued for periods shorter than a full fiscal year, often used by companies to report on financial health and performance at interim intervals.
Listing Requirements
The conditions that must be satisfied before a security can be traded on a stock exchange. To achieve a quotation in the Official List of Securities of the main market of the London Stock Exchange the requirements contained in a listing agreement must be signed by the company seeking quotation.
London Stock Exchange
The London Stock Exchange (LSE) is the primary stock exchange in the United Kingdom, offering equity, derivative, and information services. It has a rich history dating back to the seventeenth century and has undergone significant reforms to become one of the world's leading exchanges.
Main Market
The premier market for the trading of equities on the London Stock Exchange, featuring stringent listing requirements and greater liquidity compared to the Alternative Investment Market.
Matched Bargain
A matched bargain is a type of stock transaction in which a sale of a specific quantity of stock is matched with a purchase of the same quantity of the same stock, often conducted electronically on exchanges.
Official List
The Official List refers to two primary components within the London Stock Exchange framework: a comprehensive list of all traded securities and a daily record of transactions, dividends, rights issues, prices, and other relevant data.
Preliminary Announcement
A preliminary announcement is an early notification of a company's yearly profit or loss, primarily mandated for listed companies under the London Stock Exchange Regulations. This announcement usually includes summarized profit and loss accounts and can extend to balance sheets.
Regulatory News Service
RNS or Regulatory News Service is a mechanism operated by the London Stock Exchange for the rapid dissemination of information relevant to listed companies, ensuring transparency and timely communication with investors and stakeholders.
Second-Tier Market
A market for investors to buy and sell shares in new and developing companies. These markets provide companies with access to new sources of finance and are subject to fewer regulatory requirements compared to main markets.
Share Transfer (Stock Transfer)
A share transfer refers to the change in ownership of a share or stock, where the process is carried out electronically in modern brokerage systems.
Stock Exchange
A marketplace for the sale and purchase of securities, where prices are determined by the forces of supply and demand. Stock exchanges facilitate capital raising for public companies, governments, and other entities, while providing liquidity for investors.
Stock Exchange Automated Quotations System (SEAQ)
The Stock Exchange Automated Quotations (SEAQ) system is a computerized system used on the London Stock Exchange for recording the prices quoted by market makers. SEAQ is primarily used for the Alternative Investment Market since FTSE 250 shares are now traded through the Stock Exchange Trading System (SETS).
Stock Exchange Trading System (SETS)
An advanced electronic order book trading system utilized by the London Stock Exchange (LSE) to facilitate the matching and execution of orders for securities.
Stock Exchange Trading System (SETS)
The London Stock Exchange's order-driven electronic trading system that came into operation in 1997, replacing the previous quote-driven system. It facilitates automatic matching of buyers' and sellers' orders, price recording, and seamless transaction settlement.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.