Quote Rule
Quote rule
Rule requiring market makers to publish quotations for any listed security when a quotation represents more than 1% of the aggregate trading volume for that security.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Quote Rule
An SEC rule requiring market makers and specialists on different exchanges to provide public quotes on the securities for which they are making markets (that is, serving as a counterparty for transactions when no one else is available). The quote rule is intended to increase transparency in the market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Quote Rule
An SEC rule that requires specialists and market makers to maintain and provide continuous, firm quotations for the securities in which they make a market.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.