At the Indicative Price?

(1) Bid and offer price provided by a market maker for the purpose of evaluation or information, not as firm bid or offer price at which she is willing to trade. Also called Nominal Quotation. (2) A preliminary estimate of the price at which a financial instrument might be created.

What does it mean by indicative price?

An indicative quote is a reasonable estimate of a currency's current market price that is provided by a market maker to an investor upon request. ... An indicative quote is in direct contrast to a firm quote, which is guaranteed by the market maker.

What is indicative trading price?

Meaning of indicative price in English

the price that a share will probably sell for: The indicative price is based on the mid-price for that share at the close of business on the day shown. A prospectus and indicative price range will be released tomorrow.

James H. Sterling

James H. Sterling

Environmental Science & Climate Journalist

James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.