The Stock Exchange Daily Official List (SEDOL) is a database that is maintained by the London Stock Exchange (LSE) and contains information on all securities that are listed on the LSE, as well as other exchanges around the world. The SEDOL database is used as a reference source for identifying securities and is used by market participants, such as brokers and traders, to confirm the identity of a security and its associated details.Each security listed on the SEDOL database is assigned a unique seven-character code, known as a SEDOL number. This code is used to identify the security and is used by market participants for trade settlement and reporting purposes. The SEDOL number is also used in other financial databases and systems, such as Bloomberg and Reuters, to identify securities.The SEDOL database is updated on a daily basis and contains information on securities such as their name, ISIN (International Securities Identification Number), currency, and exchange where they are traded. It also includes information on corporate actions, such as dividends and stock splits, and other information relevant to the security.In summary, SEDOL is a database maintained by the London Stock Exchange, it contains information on all securities that are listed on the LSE, as well as other exchanges around the world. It assigns a unique seven-character code, known as a SEDOL number, that is used to identify the security and is used by market participants for trade settlement and reporting purposes.