Stock Exchange Daily Official List - SEDOL
Definition of 'Stock Exchange Daily Official List - SEDOL'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. |
|
Investopedia explains '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 Definitions
Articles Of Interest
-
How Brokers Can Avoid A Market-Maker's Tricks
Ensure that you and your clients are getting the best deal by avoiding these three pitfalls. -
Investing In China
This emerging market is making strides in regulation and disclosure. -
Getting To Know The Stock Exchanges
Here are the answers to all the questions you have about stock exchanges but are too afraid to ask! -
The Global Electronic Stock Market
The way trading is conducted is changing rapidly as exchanges turn toward automation. -
Eight Items That Impact Daily Trades
Find out which factors can help you squeeze more profit out of each position. -
Role Of A Market Maker
A market maker is a firm or an individual that stands ready to buy and sell a particular security throughout the trading session to maintain liquidity and a fair and orderly market in that security. ... -
Decline Of The Independent Broker-Dealer
Since the financial crisis of 2008-2009 the numbers of independent broker-dealers have been steadily declining. Find out why, and if the trend will continue. -
What happens if I cannot pay a margin call?
Minimum margin is the amount of funds that must be deposited with a broker by a margin account customer. With a margin account, you are able to borrow money from your broker to purchase stocks ... -
Sugar: A Sweet Deal For Investors
From sugar beet to sugar cane, this sector is growing despite a lot of sour challenges. -
What is the difference between arbitrage and speculation?
Arbitrage and speculation are very different strategies. Arbitrage involves the simultaneous buying and selling of an asset in order to profit from small differences in price. Often, arbitrageurs ...
Free Annual Reports