quote

(verb)

To name the current price, notably of a financial security.

Related Terms

Examples of quote in the following topics:

  • Spot Rates, Forward Rates, and Cross Rates

    • A cross rate is the currency exchange rate between two currencies, both of which are not the official currencies of the country in which the exchange rate quote is given in.
    • This phrase is also sometimes used to refer to currency quotes which do not involve the U.S. dollar, regardless of which country the quote is provided in.
    • For example, if an exchange rate between the euro and the Japanese yen was quoted in an American newspaper, this would be considered a cross rate in this context, because neither the euro or the yen is the standard currency of the U.S.
    • However, if the exchange rate between the euro and the U.S. dollar were quoted in that same newspaper, it would not be considered a cross rate because the quote involves the U.S. official currency.

  • Floating-Rate Bonds

    • ., LIBOR), plus a quoted spread.
    • Floating rate bonds (FRBs) are bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate, plus a quoted spread (i.e., quoted margin).
    • In the wholesale markets, FRBs are typically quoted as a spread over the reference rate.

  • Securities Acts Amendments of 1975

    • For example, if the best two quotes in one market are superior to the best quote in another market, a portion of an incoming market order may still trade at the inferior market at the inferior price even though the second best quote on the superior market is still available.
    • If more than just the top of the book (the best quote) were protected by the order rule, the market order would have transacted at a superior price and the limit order offering the superior price would have transacted more quickly.
    • It also owns communication lines and hardware that provide real-time quotes and transaction information to all market participants from the Consolidated Tape/Ticker System (CTS), Consolidated Quotation System (CQS), and Options Price Reporting Authority (OPRA).
    • Still, others have argued that the rule is too lax because it only protects the quotes at the top of the book.

  • Secondary Market Organizations

    • ., over-the-counter trading in stock is carried out by market makers that make markets in OTCBB and Pink Sheets securities using inter-dealer quotation services such as Pink Quote (operated by Pink OTC Markets) and the OTC Bulletin Board (OTCBB).

  • Types of Market Organizations

    • ., over-the-counter trading in stock is carried out by market makers that make markets in OTCBB and Pink Sheets securities using inter-dealer quotation services such as Pink Quote (operated by Pink OTC Markets) and the OTC Bulletin Board (OTCBB).
    • Dealer markets, also called quote-driven markets, centers on market-makers (or dealers) who provide the service of continuously bidding for securities that investors want to sell and offering securities that investors want to buy.
    • This person or company quotes both a buy and a sell price in a financial instrument or commodity held in inventory.

  • Debt to Equity

    • Quoted ratios can even exclude the current portion of the LTD.
    • Financial analysts and stock market quotes will generally not include other types of liabilities, such as accounts payable, although some will make adjustments to include or exclude certain items from the formal financial statements.

  • Yield to Maturity

    • .), but usually market convention is followed: in a number of major markets the convention is to quote yields semi-annually (for example, an annual effective yield of 10.25% would be quoted as 5.00%, because 1.05 x 1.05 = 1.1025).

  • Overview of Exchange Rates

    • Quotes using a country's home currency as the price currency (e.g., EUR 0.735342 = USD 1.00 in the eurozone) are known as direct quotation or price quotation (from that country's perspective) and are used by most countries.
    • Quotes using a country's home currency as the unit currency (e.g., EUR 1.00 = USD 1.35991 in the eurozone) are known as indirect quotation or quantity quotation and are used in British newspapers and are also common in Australia, New Zealand, and the eurozone.
    • This is presented by a higher exchange rate if the exchange rate is quoted as home currency / 1 foreign currency.

  • Market Reporting

    • The most regularly quoted market indices are national indices composed of the stocks of large companies listed on a nation's largest stock exchanges, such as the American S&P 500, the Japanese Nikkei 225, the Brazilian Ibovespa, the Russian RTSI, the Indian SENSEX, and the British FTSE 100.

  • Defining Spread

    • The bid–offer spread for securities is the difference between the prices quoted for an immediate sale (offer) and an immediate purchase (bid).