Buy Quote


DEFINITION of 'Buy Quote'

The best available price to buy a security at any given time throughout the trading session. Brokers are required to provide customers the best available prices, or the National Best Bid and Offer (NBBO). Simply put, the buy quote is the number that represents the price of the security.


In forex, the buy quote is displayed on the right side of the price quote and represents the price at which customers can purchase the base currency. For example, in the GBP/USD forex pair, a quote of 1.6253/55, a customer could buy the base currency (GBP) for $1.6255.

  1. National Best Bid and Offer - NBBO

    A term applying to the SEC requirement that brokers must guarantee ...
  2. Market-Maker Spread

    The difference between the price at which a market maker is willing ...
  3. Market Maker

    A broker-dealer firm that accepts the risk of holding a certain ...
  4. Best Ask

    The lowest quoted offer price among all those offered by competing ...
  5. Best Bid

    The highest quoted bid for a particular trading instrument among ...
  6. Buy Minus

    A type of order where a client instructs a broker to purchase ...
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