nominal quotation


nominal quotation
The price quotation calculated for futures or options for a period during which no actual trading occurred. These quotations are usually calculated by averaging the bid and asked prices. The CENTER ONLINE Futures Glossary
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Used in the context of general equities. bid and offer prices given by a market maker for the purpose of valuation, not as an invitation to trade; must be specifically identified as such by prefixing the quotes FYI ( for your information) or FVO (for valuation only). Bloomberg Financial Dictionary
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( i) Securities. An approximation of a security's market value, given for the purpose of valuation.
(ii) Futures. An estimated price for a future month or date for which there is no bid, ask or trade price. Exchange Handbook Glossary

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nominal quotation UK US noun [C] (also nominal price)
FINANCE, STOCK MARKET a price that is estimated for shares, bonds, etc. that are not yet available: »

Trading rules state that nominal quotations must be identified as such.


Financial and business terms. 2012.

Look at other dictionaries:

  • Nominal Quotation — A quote generated by a futures exchange or broker for contracts that have not traded for a specific period of time. Also referred to as a nominal quote or nominal price . This figure is calculated differently by each exchange or broker. Typically …   Investment dictionary

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  • Quotation — The bid and offered prices a dealer is willing to buy or sell at. The New York Times Financial Glossary * * * quotation quo‧ta‧tion [kwəʊˈteɪʆn ǁ kwoʊ ] noun [countable] 1. COMMERCE a written statement of how much something will cost, for… …   Financial and business terms

  • quotation — Often referred to as a quote. The actual, bid, or asked price of futures, options, or cash commodities at a certain time. The CENTER ONLINE Futures Glossary Highest bid and lowest offer (asked ) price currently available on a security or a… …   Financial and business terms

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  • nominal — Synonyms and related words: abstract noun, adherent noun, adjectival, adverbial, alleged, apparent, attributive, budget, byname, cheap, cognominal, collective noun, common noun, conjunctive, copulative, correct, diminutive, easy, economic,… …   Moby Thesaurus

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