SETSmm starts Monday- replacing SEAQ

[CityTrader]

Title says it all. I'm led to believe that most market makers have registered for the stocks in which they were already quoting. Their new obligation as an automated market maker is 25% of the NMS, but of course it's now possible to deal simoultaneously with a few of them ( through direct access systems such as "touch" or L" )

Good luck punters...