to quote prices
11Financial quote — A Financial Quotation refers to specific Market data relating to a security or commodity. While the term quote specifically refers to the bid or ask of an instrument, it may be more generically used to relate to the last price which the security… …
12Stub Quote — Order placed well off a stock s market price. Stub quotes are used by trading firms when the firm doesn t want to trade at certain prices and wants to pull away to ensure no trades occur. In order to make this happen, the firm will offer quotes… …
13mandatory quote period — The period during the day when a market maker must make firm ( i.e. guaranteed), two way ( i.e. buy and sell) prices (See firm price) in stocks in which they are registered. It varies from market to market. For domestic SEAQ, it runs from 9.00… …
14Metal prices — (metal commodities) are only for a few metals quoted on exchanges. Only Aluminium Alloy, Aluminium, Copper, Lead, Nickel, Tin, Zinc and Nasaac (North American special Aluminium alloy) are exchange traded commodities. Other metals (like Bismuth,… …
15Buy Quote — The best available price to buy a security at any given time throughout the trading session. Brokers are required to provide customers the best available prices, or the National Best Bid and Offer (NBBO). Simply put, the buy quote is the number… …
16Real-Time Quote — This is the actual price of a security at that moment in time. Most prices of securities that are displayed on various websites are delayed quotes. These quotes are usually delayed from 15 to 20 minutes. Real time quotes are instantaneous with no …
17firm quote — A definite price on a round lot bid or offer declared by a market maker on a given security and not identified as a nominal quotation (therefore is not negotiable). Bloomberg Financial Dictionary A market maker s quote which is a price which… …
18Mandatory quote period — On the London Stock Exchange, the period during which all registered market makers are obliged to display prices. In this period market makers on the Exchange’s quote driven SEAQ and SEAQ International services are obliged to make a firm two way… …
19outright quote — A quote in which all the digits of the bid and offer prices are quoted. Bloomberg Financial Dictionary See: points quote. Bloomberg Financial Dictionary …
20indicative quote — A market maker s price which is not firm. Exchange Handbook Glossary A quote whose price and volume are not guaranteed. That is, market participants are not obliged to deal at the displayed prices or volumes, when their quotes are indicative.… …
