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Nominal Quotation

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Nominal quotation
Used in the context of general equities. Bid and offer prices given by a market maker for the purpose of valuation, not as an invitation to trade; must be specifically identified as such by prefixing the quotes FYI (for your information) or FVO (for valuation only).

Nominal Quotation
A quote that is not a bid or an offer. Market makers occasionally make nominal quotations for valuation purposes only. A nominal quotation is simply supplied for information purposes.


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