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quote-driven
(redirected from Quote Driven)

   Also found in: Financial 0.02 sec.
quote-driven
adj
(Economics, Accounting & Finance / Stock Exchange) denoting an electronic market system, esp for stock exchanges, in which prices are determined by quotations made by market makers or dealers Compare order-driven


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The Company confirms that the initial securities eligible for the PLUS service will be selected from smaller companies admitted to the Official List that do not benefit from an exclusively quote driven system.
Similar to the approval of Winterflood Securities earlier in the month, the approval for Hoodless is conditional upon the move of the OFEX market into a competing quote driven system during 2004, and is therefore subject to appropriate regulatory and technical approvals.
The approval is conditional upon the move of the OFEX market into a competing quote driven system during 2004, and subject to appropriate regulatory and technical approvals.
 
 
 
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