Firm quote

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Firm quote

A definite price on a round-lot bid or offer declared by a market maker on a given security and not identified as a nominal quotation (therefore is not negotiable).

Firm Quote

A bid or ask made by a dealer or market maker that is not up for negotiation. For example, if a dealer offers to sell 5,000 shares of a stock at $10 per share and the quote is firm, then potential buyers need not come back with a counteroffer of $8 per share. They can either take the offer or not. See also: Nominal quote.

firm quote

A quotation from a market maker to buy and sell a security at firm bid and ask prices. Compare nominal quote.

Firm quote.

A firm quote includes a bid and ask price at which a market maker is willing to trade a specific quantity -- 100 shares of stock, for example.

For example, a firm quote of 42.50/42.70 means that the market maker will pay $42.50 for 100 shares and is willing to sell them for $42.70. But those prices would not apply to trades larger than 100 shares. Then prices would have to be negotiated.

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If Any Firm Quotes Delivery Period Beyond 45 Days Such Offers Will Not Be Considered.
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CAES displays firm quotes that can be automatically executed.
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When we quote on mortgages, our customers get firm quotes guaranteeing all of the fees and charges in writing.
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In a recent report, the firm quotes a 214% annual growth rate in visitors to service sites and says companies need one centralized place to build the business logic that controls how customers are treated, or an eRelationship management system.