Examples of Indicative Quote in a sentence
If the bid-/ask limit of their binding and Indicative Quotes do not correspond to the current Market Situation, the binding or Indicative Quote must not be entered into the Trading System.
The bid/ask limit of the Binding Quote shall correspond to or be narrower than the Indicative Quote by the Specialist entered before.
If the institution, the issuer or the Trading Participant agrees with market compensation and if an executable order book situation according to Number 1 does not exist, the Specialist shall – upon re-consultation with the institution, the issuer or the Trading Participant – enter a new Indicative Quote.
If the institution, the issuer or the Trading Participant is not willing to compensate the market and if an executable order book situation according to Number 1 does not exist, the Specialist shall, on the basis of the order book situation, enter a new Indicative Quote.
In the case of Trailing Stop Sell Orders and Stop Orders of sell One-Cancels-Other Order, the bid side of the binding or volume-weighted Indicative Quote shall be decisive; in case of Trailing Stop Buy Orders and Stop Orders of a buy One-Cancels-Other Order, the ask side shall be decisive.