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SAEF
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The SEAQ Automated Execution Facility (SAEF) enables small trades in UK shares to be carried out automatically at a computer terminal instead of over the telephone.
The stockbroker is able to handle the order by giving instructions from his own terminal.
The system automatically executes the order with one of the market makers at the best execution price.
Trade online with Moneyextra Share Dealing now .
Last Updated: January 2006 © Moneyextra.com
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