Error Quote definition

Error Quote or “Spike” shall mean an error Quote having the following characteristics:
Error Quote or ‘Spike’ shall mean an error Quote having the following characteristics:
Error Quote or “Spike” shall mean an error Quote having the following characteristics: a significant Price Gap; and

Examples of Error Quote in a sentence

  • Quote will be a considered an Error Quote if: • There is a significant price gap; • The price rebounds (that have a price gap) occur in a considerably short time; • It appears before non-rapid price movements; and • It appears before and after a period where no significant macroeconomic reports are released.

  • The Customer shall be responsible for all financial losses caused by the opening of the position using temporary excess Free Margin on the Trading Account gained as a result of a profitable position (cancelled by the Company afterwards) opened at an Error Quote (Spike) or at a Quote received as a result of a Manifest Error.


More Definitions of Error Quote

Error Quote or “Spike” shall mean an error Quote having the following characteristics:a significant Price Gap;
Error Quote means an error Quote having the following characteristics:
Error Quote or “Spike” shall mean an error Quote or an error Quote having in addition the following

Related to Error Quote

  • Request for Quotations or “RFQ” means an informal request for prices on Goods and/or Services with an estimated procurement cost between $10,000 and up to but not including

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • Reference Government Bond Dealer Quotations means, with respect to each Reference Government Bond Dealer and any date of redemption, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices for the Reference Bond (expressed in each case as a percentage of its nominal amount) at the Quotation Time on the Reference Date quoted in writing to the Determination Agent by such Reference Government Bond Dealer; and

  • Reference Treasury Dealer Quotations means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third business day preceding such redemption date.

  • Reference Treasury Dealer Quotation means, with respect to the Reference Treasury Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at or before 5:00 p.m., New York City time, on the third Business Day preceding such redemption date.

  • formal written price quotation means quotations referred to in paragraph 12 (1) (c) of this Policy;

  • written or verbal quotations means quotations referred to in paragraph 12(1)(b) of this Policy.

  • 5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annual fixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating euro interest rate swap transaction which:

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Reference Dealer Rate means with respect to the Reference Dealer and any redemption date, the price, expressed as a percentage (rounded to three decimal places, 0.0005 being rounded upwards), at which the gross redemption yield (as calculated by the Reference Dealer) on this Security, if they were to be purchased at such price on the third Business Day prior to the date fixed for redemption, would be equal to the gross redemption yield on such Business Day of the Reference Bond on the basis of the middle market price of the Reference Bond prevailing at 11:00 a.m. (London time) on such Business Day as determined by the Reference Dealer.

  • acid attack victims means a person disfigured due to violent assaults by throwing of acid or similar corrosive substance.