Quotes in fixed units of foreign currency against domestic currency.
Direct Quotation
Related Terms
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A direct price stream refers to when a liquidity provider streams prices at which trades can be executed directly with another party. Trading not intermediated via a third party. Both...
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An electronic market maker is a firm that provides prices on electronic trading (e-trading) venues and continuously submits limit orders to buy or to sell. It provides liquidity to those traders...
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Forex brokers will quote you two different prices for a currency pair: the bid and ask price. The “bid” is the price at which you can SELL the base currency. The “ask” is the price at which you can...
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A central bank intervention occurs when a central bank buys (or sells) its currency in the foreign exchange market in order to raise (or lower) its value against another currency.
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The big figure quote refers to the first few digits of a currency exchange rate that are typically not displayed in quotes.