Stock Exchange Daily Official List - SEDOL

What is the 'Stock Exchange Daily Official List - SEDOL'

The stock exchange daily official list (SEDOL) is a unique identification code, consisting of seven alphanumeric characters, that is assigned to all securities trading on the London Stock Exchange and on other smaller exchanges in the United Kingdom. SEDOL is used for U.K. domestic and foreign stocks, unit trusts, investment trusts and insurance-linked securities. U.K. stocks that do not trade in the United States can be identified by their SEDOL code.

BREAKING DOWN 'Stock Exchange Daily Official List - SEDOL'

SEDOL codes are comparable to CUSIP numbers issued by the Committee on Uniform Securities Identification Procedures for all securities traded in the U.S. A number of circumstances may trigger the issuance of a new SEDOL code, including a change of corporate headquarters to a different country or a corporate merger. Other events only require an issuance of a new code if a new ISIN is issued. These events include a company name change, takeovers and share reclassifications.

RELATED TERMS
  1. Market Identifier Code - MIC

    A four-character code used to identify stock markets and other ...
  2. International Securities Identification ...

    A code that uniquely identifies a specific securities issue. ...
  3. Dummy CUSIP Number

    A temporary identification number attached to a security by a ...
  4. CUSIP Number

    An identification number assigned to all stocks and registered ...
  5. Standard Industrial Classification ...

    A standard series of four-digit codes created by the U.S. government ...
  6. Internal Revenue Code - IRC

    The comprehensive set of tax laws created by the Internat Revenue ...
Related Articles
  1. Investing News

    Code Climate: How it Works and Makes Money

    Learn more about Code Climate and its suite of static program analysis tools used by software developers to produce and maintain high-quality software code.
  2. Mutual Funds & ETFs

    Unit Investment Trusts

    Unit Investment Trusts
  3. Fundamental Analysis

    Can Japan's Stewardship Code Turn Passive Funds Into Active Managers?

    Institutional investors in Japan have been criticized for being too cozy with corporates. Can a code force them to focus on the needs of beneficiaries?
  4. Professionals

    B. NASD and Codes

    The National Association of Securities Dealers / NASD The Maloney Act of 1938 was an amendment to the Securities Exchange Act of 1934 that allowed the creation of the NASD which now part of FINRA. ...
  5. Economics

    What is a Code of Ethics?

    A code of ethics is a collection of principles and guidelines an organization expects its employees to follow.
  6. Economics

    What's a Stock Keeping Unit (SKU)?

    A SKU, or bar code, is a unique identification code that retail and wholesale sellers use to track their inventory of products and services.
  7. Professionals

    Exchange Markets

    Worldwide, there are over 100 securities exchanges where buyers and sellers meet to exchange goods and services in an organized, orderly fashion. Before we proceed, beginners should refer ...
  8. Professionals

    Exchange Market Structure

    CFA Level 1 - Exchange Market Structure. Contrasts the call and continuous market structures. Showcases the structural differences between regional, national and OTC markets.
  9. Investing Basics

    What's an Exchange?

    An exchange is an organized marketplace where securities and other financial instruments are traded.
  10. Investing Basics

    Why You Should Understand The Stock Market

    Even if you don't invest a cent in stocks, you should still understand how the stock market works. Find out why.
RELATED FAQS
  1. How does the ISIN numbering system work?

    The International Securities Identification Numbering (ISIN) system is an international standard set up by the International ... Read Answer >>
  2. Do hedge funds have ISIN numbers?

    Learn about ISINs, why hedge funds have them, and how ISINs are used to identify and track securities on exchanges around ... Read Answer >>
  3. What is a CUSIP number?

    CUSIP stands for Committee on Uniform Securities Identification Procedures. Formed in 1962, this committee developed a system ... Read Answer >>
  4. Do mutual funds have CUSIP numbers?

    Learn what CUSIP numbers are and how they are used to classify securities, such as mutual funds, registered in the U.S. and ... Read Answer >>
  5. Can stocks be traded on more than one exchange, such as, for example, on both the ...

    A stock can trade on any exchange on which it is listed. And to be listed it must meet all of the exchange's listing requirements ... Read Answer >>
  6. Do hedge funds have CUSIP numbers?

    Learn what a CUSIP number is, and whether this number is necessary for hedge funds, ETFs and various other types of investment ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center