Noticed there's two types of SETSqx stocks on FTSE AIM, CCP and non-CCP.
At first I took CCP (central counterparty clearing house) to be some regulatory term for the equivalent of market maker but now I'm not so sure.
LSE's website:
https://www.lseg.com/areas-expertis...ing-services/domestic-trading-services/setsqx
Anyone have any insight in simple terms on the differences and what it means for us as retail investors? Seems a company I trade a lot is non-CCP.
At first I took CCP (central counterparty clearing house) to be some regulatory term for the equivalent of market maker but now I'm not so sure.
LSE's website:
https://www.lseg.com/areas-expertis...ing-services/domestic-trading-services/setsqx
Anyone have any insight in simple terms on the differences and what it means for us as retail investors? Seems a company I trade a lot is non-CCP.