Market Trader Glossary Nominal quotation bid offer

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Market Trader Glossary: Nominal quotation

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Term:

Nominal quotation

Definition:

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; must be specifically identified as such by prefixing the quotes FYI (for your information) or FVO (for Valuation only).

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02/09/2012 - SV1n