Quote Driven Market

Filed Under » Brokers

	Definition of 'Quote Driven Market' An electronic stock exchange system in which prices are determined from quotations made by market makers or dealers. Also known as a "price driven market".
	Investopedia explains 'Quote Driven Market' This is the opposite of an order driven market.

Related Definitions

Market Maker

A broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Each market maker competes for ...
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Order Driven Market

A financial market in which prices are determined by the publication of all orders to buy or sell shares. In an order driven market, all buyers and sellers display the prices at which ...
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Dealer

1. An individual or firm willing to buy or sell securities for their own account.2. One who purchases goods or services for resale to consumers.
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- Specialist
  
  A member of an exchange who acts as the market maker to facilitate the trading of a given stock. The specialist holds an inventory of the stock, posts the bid and ask prices, manages ...
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- Ask
  
  The price a seller is willing to accept for a security, also known as the offer price. Along with the price, the ask quote will generally also stipulate the amount of the security ...
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- Bid
  
  1. An offer made by an investor, a trader or a dealer to buy a security. The bid will stipulate both the price at which the buyer is willing to purchase the security and the quantity to ...
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