FTSE Mondo Visione Exchanges Index:
Glossary
- Quotation
- The price quoted by a market-maker at which he/she will trade.
- Quotation size
- The maximum number of shares per order of a particular security that a Market Maker is willing to buy or sell at his or her current price.
- Quote-driven system
- A service that does not allow automatic execution. Trading of quote-driven securities is conducted via telephone dealing.