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...
(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.