Examples of Resting Quote in a sentence
Along with the first responsive bid or offer from any Recipient in regard to a Required Transaction, CME SEF shall provide the Requestor with any Resting Quote pertaining to the same Swap.
The Requesting Participant shall have the opportunity to (A) execute against any responsive Quote from a Recipient Participant or a firm Resting Quote provided pursuant to subparagraph (2); or (B) submit a counteroffer to one or more of the Recipient Participants that have responded to the RFQ as long as any such counteroffer is submitted to at least the minimum number of Recipient Participants required by CFTC Regulations.