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Nominal quotation

Stock market Nominal priceNominal quote

NOMINAL QUOTATION - An indication of the approximate market value of a security, provided for informational purposes only. The nominal quotation does not represent an actual bid for or offer of securities.

 


Nominal Quotation
Used in Futures markets to refer to the estimated price for a future month or date for which there is no bid, ask or trade price.

Nominal quotation:
Futures. An estimated price for a future month or date for which there is no bid, ask or trade price.
Nominal day: ...

Nominal quotation
Used in the context of general equities. Bid and offer prices given by a market maker for the purpose of valuation, not as an invitation to trade; ...

Nominal Price / Nominal Quotation - Computed price quotation on a futures or option contract for a period in which no actual trading took place, ...

Nominal Price (or Nominal Quotation)
Computed price quotation on a futures or option contract for a period in which no actual trading took place, ...

firm quotation Any round lot bid or offer from a Market Maker other than a nominal quotation. first board The delivery dates for futures as determined by the appropriate futures exchange.

Firm quote
A definite price on a round-lot bid or offer declared by a market maker on a given security and not identified as a nominal quotation (therefore is not negotiable).

See also: Quotation, Bid, Market, Issue, Order

Stock market Nominal priceNominal quote

 
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