- quote-driven system
- /'kwəυt ˌdrɪv(ə)n ˌsɪstəm/ nouna system of working a stock market, where marketmakers quote a price for a stock (as opposed to an order-driven system)
Dictionary of banking and finance. 2015.
quote-driven system
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quote driven system — A system whereby market makers provide quotes at which people can trade in stocks. Also known as a price driven system. Contrast with an order driven system. Dresdner Kleinwort Wasserstein financial glossary … Financial and business terms
quote-driven system — A service that does not allow automatic execution. Trading of quote driven securities is conducted via telephone dealing. Exchange Handbook Glossary … Financial and business terms
quote-driven — A service that does not allow automatic execution. Trading of quote driven securities is conducted via telephone dealing. London Stock Exchange Glossary * * * quote driven ˈquote ˌdriven adjective FINANCE a quote driven financial market is one in … Financial and business terms
order-driven system — / ɔ:də ˌdrɪv(ə)n ˌsɪstəm/, order driven market /ˌɔ:də ˌdrɪv(ə)n mɑ:kɪt/ noun a price system on a stock exchange, where prices vary according to the level of orders (as opposed to a ‘quote driven’ system) … Dictionary of banking and finance
price driven system — See quote driven system. Dresdner Kleinwort Wasserstein financial glossary … Financial and business terms
Quote Driven — A market is described as being quote driven when registered market makers are required to display bid and offer prices, and in some cases the maximum bargain size to which these prices relate. The London SEAQ system and NASDAQ are examples of… … Financial and business terms
quote driven — Denoting a financial market in which prices are determined by the quotations made by market makers or dealers. The London Stock Exchange Automated Quotations System and the US National Association of Securities Dealers Automated Quotations System … Big dictionary of business and management
Quote Driven Market — An electronic stock exchange system in which prices are determined from quotations made by market makers or dealers. Also known as a price driven market . This is the opposite of an order driven market … Investment dictionary
quote-driven — adjective Describing any market system in which prices are established by quotations given by market makers … Wiktionary
quote — An indication of current bids and offers in the market on a particular contract or spread. Chicago Mercantile Exchange Glossary The highest bid price and the lowest offer price for a security at any particular time. An offer to buy or sell a… … Financial and business terms
