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单词 quote-driven
释义

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quote-driven
quote-driven adj. Stock Market designating a system or market in which prices are established by market-makers' quotations giving the price at which they will buy or sell; cf. order-driven adj. (b) at order n. Compounds 3.
ΚΠ
1984 Times 22 June 35/3 Talisman..has helped the authorities opt for a quote-driven system of competing market makers as the best trading mechanism for the future rather than Wall Street's auction-dominated system of specialists.
1997 Investors Chron. 19 Sept. 41/2 Other stocks will continue to trade on the current, quote-driven system, which relies heavily on market-makers.
2001 Euromoney (Electronic ed.) Dec. 14 We are building a hybrid platform that accommodates both the orderdriven market and a quotedriven market.
extracted from quoten.2
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