Snap Quote definition
Snap Quote. 4 sec Watch List (18 symbols) .8
Error Quote (Spike) means an Error Quote with the following characteristics:
Bid Rate Quote means an offer in accordance with Section 2.2.(c) by a Lender to make a Bid Rate Loan with one single specified interest rate.
Request for Quote or “RFQ” means an electronic message disseminated on the SEF Platform for the purposes of soliciting bids or offers for a specific Swap.
Competitive Bid Quote means a response submitted by a Lender to the Administrative Agent with respect to a Competitive Bid Quote Request in the form attached as Exhibit C-3.
Resting Quote means any firm or indicative bid or offer displayed on an Order Book.