quote-driven meaning

  "quote-driven" in a sentence
[Business]
adjective

(Finance )

in a quote-driven market, the price at which dealers are prepared to buy or sell particular shares or bonds is displayed and other dealers then choose whether to trade with them at those prices:

Prices are listed on a quote-driven system that feeds directly through to brokers.

ORDER-DRIVEN


[Economics]
Denoting a 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 Quotation System use quote-driven arrangements.

Compare:

order-driven.

Related Words

  1. quote currency meaning
  2. quote driven market meaning
  3. quote rule meaning
  4. quote so or sth out of context meaning
  5. quote, unquote meaning
  6. quote-driven market meaning
  7. quoted meaning
  8. quoted company meaning
  9. quoted price meaning
  10. quoter meaning
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