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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 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The same firm quote just 8-1 that he's coaching England at the 2015 World Cup, clearly believing that if there is any bad blood between Richards and rugby's top brass, it's only counterfeit. Coral yesterday issued early prices for the Category Two event and, in chalking up 5-2 about Droopys Carvalho, clearly anticipate John Mullins's dog reversing form with Brickfield Dream, whom the Barking firm quote at 12-1. Also, some of the companies you see advertising the lowest quotes may not give you a firm quote until after your policy is written with all variables taken into account. |
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