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Banking

Out-Firm Quote

A firm quote (aka, bona fide quote) that will be firm (i.e., be holding) for a specified period, usually an...

Bona Fide Quote

A displayed quote representing a bid to buy or offer to sell a specific quantity of a security (or any...

Firm for One-Half Hour with a 5 Min Recall

A quote whereby a selling dealer has to stick to the price "quoted" for one-half hour, but still has the...

Intraday Quote

A quote that is run or made available to market participants during intraday hours (defining a market session or market...

Intra-Day Quote

A quote that is run or made available to market participants during intra-day hours (defining a market session or market...

Near-The-Quote Limit Order

A limit order (a buy order) that restricts the maximum price (payable) to a level a bit higher than the...

Quote

The highest bid price (bid) and lowest offer price (ask) that is currently available, and displayed, on a tradable asset...

Quotation

The highest bid price (bid) and lowest offer price (ask) that is currently available, and displayed, on a tradable asset...

RTQ

An acronym for real time quote; a bid and ask price quotation that is streamed or published in the real...

Real Time Quote

A bid and ask price quotation that is streamed or published in the real time- that is with no lag...