Exchange Currency

indicative quote

A type of currency quote provided to an investor from a market maker that may be changed prior to a transaction. The market maker is not obligated to honor the quote. Market makers might provide an indicative quote if an investor indicates the possibility of a currency trade, but does not indicate the volume of the transaction. Investors can use indicative quotes as an estimate of the exchange rate for a particular currency trade.

Related information about indicative quote:
  1. Indicative Quote Definition | Investopedia
    In forex trading, a currency quote that is provided by a market maker to a trading party but that is not firm. In other words, when a market maker provides an ...
     
  2. What is indicative quote? definition and meaning - InvestorWords.com
    Definition of indicative quote: A type of currency quote provided to an investor from a market maker that may be changed prior to a transaction. The market maker ...
     
  3. Indicative Quote: Definition from Answers.com
    Indicative Quote In forex trading, a currency quote that is provided by a market maker to a trading party but that is not firm.
     
  4. Indicative quote (Meaning of)
    Indicative quote - Meaning and definition. ... Look up: Indicative quote. Indicative quote. A market-maker's price which is not firm. Found op ...
     
  5. What is indicative quote? Definition and meaning - InvestorGuide.com
    indicative quote - definition of indicative quote from InvestorGuide.com: A forex rate provided by a market maker upon an inquiry from a customer or another ...
     
  6. Definition of "Indicative Quote" in Forex Trading
    Forex Trading - Indicative Quote: A money maker forex quote that is informative only - the quoted price may not be available to trade for. forex trading.
     
  7. What is INDICATIVE QUOTE? - The Law Dictionary
    Definition of INDICATIVE QUOTE: An offer given to a dealer that is uncertain. It is used as a guideline for future business offers.
     
  8. Indicative Quote Definition
    Indicative Quote Forex trading terminology. A currency quote that a market maker gives to traders that is not final. He is not obligated to trade at the.