Firm Quotes financial definition of Firm Quotes
Firm quote (redirected from Firm Quotes)
A quotation from a market maker to buy and sell a security at firm bid and ask prices. Compare nominal 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.
References in periodicals archive
If Any Firm Quotes
Delivery Period Beyond 45 Days Such Offers Will Not Be Considered.
The firm quotes
points at just 36-39 for the encounter between the teams at Adams Park this afternoon, and with a bad weather forecast thrown into the mix, it is hard to take issue with the line.
bid or offer prices are not firm quotes
, a minimum waiting period must exist between the offer and acceptance and settlement dates, etc.
One firm quotes
11-10 Manchester United and 5-4 Arsenal.
The spread firm quotes
the two clubs, who finished second and third behind Manchester United last season, at 10-13 receiving a nine point start from the Old Trafford outfit.