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Term of the Day
indication price
indication of interest
indication pricing schedule
Definition
The estimated
opening
price
of a
security
provided by a
specialist
to
determine
the
level
of
interest
on either the
buy
or
sell
side of the
security
. That
indication of interest
will enable the specialist to
firm up
the
price
when
trading
in the security commences.
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Popular 'Stocks' Terms
equity
common stock
mutual fund
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security
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