Quote Driven

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Quote Driven

Describing an exchange where the bid-ask spread is determined by quotes given by dealers or market makers with the duty to maintain a liquid market. A quote driven market contrasts with an order driven market, where the bid-ask spread is determined by orders directly by investors. A quote driven market is also called a price driven market and is usually on an electronic exchange.
References in periodicals archive ?
Given the dynamics of an increasingly price-driven market, smaller insurers may feel a competitive squeeze that significantly threatens their bottom line.
It was a very price-driven market and it still is a very price-driven market.
As Ferrero observes, it's a price-driven market, so buying solely on price strikes us as a rational decision.
Our Performance Materials segment reported a marginal reduction in organic sales primarily from lower demand for insulation products, as we continue to experience oil price-driven market softness.
Christian Gregorowicz, chief executive officer of Nextcare, said that with a price-driven market like the UAE, takaful companies need to rethink their strategies, come up with new products and strengthen their customer service to stand out, and if not, sustain their business.
The company said the fall was in line with expectations, reporting increased costs in an increasingly competitive and price-driven market as a consequence of a need to "drive the sales and also to improve the infrastructure" of the business.
It's primarily a price-driven market with very little lead time.
Still, it's a price-driven market and customers are not going to pay more for America Movil's services just because they were first.
Last month, I asked you to send me your insights and opinions whether or not customer service mattered anymore in today's price-driven market.
This is a very discerning and price-driven market affecting fees, quality and detail.
In today's increasingly price-driven market Schmidt said, "To stay ahead of the competition, Henkel Building Systems offers very high-quality, value-added and innovative products.