The Council confirmed the broad outline of the present Stock Exchange automated quotation system (Seaq), but agreed to look more closely at specific areas of operation.

Their prices are the ones displayed on the Stock Exchange Automated Quotation (SEAQ) system and it is they who generally deal with brokers buying or selling stock on behalf of clients.

The Stock Exchange Automated Quotation system (or SEAQ) is a system for trading small-cap London Stock Exchange (LSE) stocks.

Scholes - Merton: The Nobel prize winning revision of the Black-Scholes option pricing model SEAQ: The Stock Exchange Automated Quotation system for UK securities.

Since the Big Bang, market makers had to trade with clients, agency brokers and other market makers at the prices and in the volumes they fed into the exchange's computerized trading system, called Stock Exchange Automated Quotation.