Stock Exchange Daily Official List (SEDOL)
Definition of 'Stock Exchange Daily Official List (SEDOL)'
The SEDOL code is made up of two parts: a prefix and a suffix. The prefix is a three-digit code that identifies the country where the security is listed. The suffix is a four-digit code that identifies the security itself.
For example, the SEDOL code for the shares of HSBC Holdings plc is 00055500. The prefix "000" indicates that the security is listed in the United Kingdom. The suffix "55500" identifies the security as HSBC Holdings plc.
The SEDOL code is used by investors, traders, and financial institutions to identify securities. It is also used by the LSE to track securities in its electronic trading system.
The SEDOL code is a valuable tool for investors and traders. It can be used to quickly identify securities and to track their performance. The SEDOL code is also used by financial institutions to manage their portfolios and to trade securities.
The SEDOL code is a unique identifier for securities listed on the London Stock Exchange. It is used to track securities in the LSE's electronic trading system and is also used by investors, traders, and financial institutions.
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