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indicative quoteDefinition A type of currency quote provided to an investor from a market maker that may be changed prior to a transaction. The market maker is not obligated to honor the quote. Market makers might pr [..]
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indicative quoteA quote whose price and volume are not guaranteed. Indicative quotes are displayed during the pre-mandatory quote period, and market participants are not obliged to deal at these prices.
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indicative quoteA dealer’s price that is not firm so can’t be dealt on.
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