  We have undertaken near-continuous monitoring of the Seyfert 1 galaxy NGC
7469 in the X-ray with RXTE over a ~30d baseline. The source shows strong
variability with a root-mean-square (rms) amplitude of ~16 per cent, and
peak-to-peak variations of a factor of order 2. Simultaneous data over this
period were obtained in the ultraviolet (UV) using IUE, making this the most
intensive X-ray UV/X-ray variability campaign performed for any active galaxy.
Comparison of the continuum light curves reveals very similar amplitudes of
variability, but different variability characteristics, with the X-rays showing
much more rapid variations. The data are not strongly correlated at zero lag.
The largest absolute value of the correlation coefficient occurs for an
anticorrelation between the two bands, with the X-ray variations leading the UV
by ~4d. The largest positive correlation is for the ultraviolet to lead the
X-rays by ~4d. Neither option appears to be compatible with any simple
interband transfer function. The peak positive correlation at ~4d occurs
because the more prominent peaks in the UV light curve appear to lead those in
the X-rays by this amount. However, the minima of the light curves are
near-simultaneous. These observations provide new constraints on theoretical
models of the central regions of active galactic nuclei. Models in which the
observed UV emission is produced solely by re-radiation of absorber X-rays are
ruled out by our data, as are those in which the X-rays are produced solely by
Compton upscattering of the observed UV component by a constant distribution of
particles.
