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:
- 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 ...
- 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 ...
- 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.
- 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 ...
- 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 ...
- 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.
- 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.
- 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.