Exchange Currency

basis quote

A quote used for futures contracts which simplifies the quoted price. A basis quote is written as a given dollar amount higher or lower than the price of an existing futures contract. For example, a basis quote could be given as $10 below a oil futures contract which expires in August, and this would simply mean a price $10 less than the value of the August oil futures contract.

Related information about basis quote:
  1. Basis Quote Definition | Investopedia
    A method for simplifying and shortening the quoted price of a futures contract. Used in the futures markets, a basis quote gives the variation above or below the ...
     
  2. What is basis quote? definition and meaning
    Definition of basis quote: A quote used for futures contracts which simplifies the ... A basis quote is written as a given dollar amount higher or lower than the price ...
     
  3. Basis Quote - Financial Dictionary - The Free Dictionary
    In futures contracts, a quote for a contract made with reference to another contract . For example, if a contract with expiry in June is $15 and another contract with ...
     
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  6. Basis Price - Financial Dictionary - The Free Dictionary
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  7. Basis Point - Financial Dictionary - The Free Dictionary
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