indicative quote
Definition
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.
 Cite this definition
Related Research Articles from the InvestorGuide.com University
Introduction to Other Investments
Stocks, bonds and mutual funds are the most popular asset classes and therefore get most of the market's attention, but there are other important investment opportunities every investor should know about as well, including options, futures, and currency. Although these investments are complex and usually intended for sophisticated investors, it's worth understanding what they are and how they operate in order to decide if they should play any role in your overall investment strategy.
Economic Indicators
Find out about some of the most researched pieces of news in the world. Topics include Gross Domestic Product, Consumer Price Index, the Producer Price Index, Employment Indicators, the Retail Sales Index, the National Association of Purchasing Management Index, the Consumer Confidence Index, and more.
Currency and Precious Metals
Provides insight into the currency and precious metals market. Provides a description of these markets and reasons why (or why not) to pursue these types of investments.
Featured Sponsor
|
|
|
