Quotation System
Content
Definition
A Quotation System is an electronic system used by securities dealers to provide price quotations for stocks, bonds, and other financial instruments to the public.
Usage and Context
A quotation system gives public price quotes for financial products.
Frequently asked questions
- What is a quotation system? A quotation system shows real-time prices for financial instruments or products, guiding buyers and sellers in the market.
- What is price quotation system? A price quotation system gives potential buyers the current price for specific goods or services.
- What does quotation mean in the stock market? A quotation in the stock market is the latest price at which a stock was traded.
Benefits
A quotation system provides real-time price quotes for financial instruments to the public.
Conclusion
Quotation systems provide transparency by showing current prices for financial instruments.