Glossary
Quote
A security price considered while buying and selling. It is expressed in Ask and Bid prices.
Quote currency
The second currency in a currency pair, for which a client is able to sell/buy a base currency. For instance, in the currency pair USD/JPY, Japanese yen is the quote currency.
Quote’s feed
Quotations on each security entering the system.
Quoting
Providing a client with quotes in order to complete a transaction.
