Buy Quote

Dictionary Says

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.
Investopedia Says

Investopedia explains 'Buy Quote'

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.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. National Best Bid and Offer - NBBO

    A term applying ...
  2. Best Bid

    The highest ...
  3. Best Ask

    The lowest ...
  4. Market Maker

    A broker-dealer ...
  5. Market Maker Spread

    The difference ...
  6. Buy Minus

    A type of order ...
  7. Forex - FX

    The market in ...
  8. Authorized Forex Dealer

    Any type of ...
  9. Cash Delivery

    1. The same-day ...
  10. Rollover Rate (Forex)

    The net interest ...

Articles Of Interest

  1. Forex Tutorial: Reading a Forex Quote and Understanding the Jargon

    In this online tutorial, beginners and experts alike can learn the ins and outs of the retail forex market.
  2. Earn More Profit With Less Trading

    Avoiding overtrading can save your money and your sanity. Find out how to slow your turnover and build your profits.
  3. Electronic Trading: The Role of a Market Maker

    Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.
  4. The Forex Three-Session System

    Market hours for Tokyo, London and New York determine volatility peaks. Find out why.
  5. A Forex Trader's View Of The Aussie/Gold Relationship

    We look at why this relationship exists and how you can use it to produce solid gold returns.
  6. America's Loss Is The Currency Market's Gain

    The Smithsonian Agreement hurt the U.S. in the short-term, but was necessary in furthering real market-driven exchange rates.
  7. Fundamental Speed: The "Duck-And-Jab" Approach To Forex

    By using economic releases in a timely way, buyers can beat the "big players" without endless chart analysis.
  8. The Currency Market Information Edge

    Unique features of the forex market may allow larger players to get a jump on smaller ones.
  9. Making Sense Of The EUR/CHF Relationship

    The strong correlation between EUR and CHF currency pairs is undeniable. Find out what it means for forex traders.
  10. Forex Taxation Basics

    Trading forex can make for a confusing time organizing your taxes. These simple steps will keep everything straight.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center