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quote-driven

   Also found in: Financial 0.01 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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Plus-Traded is an alternative quote-driven system that provides some advantages for smaller firms.
Its quote-driven (market-maker) electronic trading platform currently trades a broad range of securities including full coverage of all London-listed shares like the FTSE 100, and unlisted shares quoted on the AIM and PLUS markets.
TIBExchange will provide the core of the new quote-driven equities system.
 
 
 
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