Touch Price
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Yellow strip price or ''touch price'' is a term used in the '' UK'' stock market (
LSE LSE may refer to: Computing * LSE (programming language), a computer programming language * LSE, Latent sector error, a media assessment measure related to the hard disk drive storage technology * Language-Sensitive Editor, a text editor used on ...
) by
Market makers A market maker or liquidity provider is a company or an individual that quotes both a buy and a sell price in a tradable asset held in inventory, hoping to make a profit on the ''bid–ask spread'', or ''turn.'' The benefit to the firm is that it ...
for the highest bid price or lowest offer price, shown on the
SEAQ The Stock Exchange Automated Quotation system (or SEAQ) is a system for trading small-cap London Stock Exchange (LSE) stocks. Stocks need to have at least two market-makers to be eligible for trading via SEAQ. New securities cannot be listed v ...
or SETS screen in a yellow strip. The difference between the lowest (offer) and highest (bidding) price is known as the bid–offer spread.


References


Reuters Glossary - Yellow strip
Stock market Financial markets {{stockexchange-stub