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Investing Glossary: Nominal quotation

Copyright 2012, Campbell R. Harvey. All Rights Reserved.
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Term:
Nominal quotation
Definition:
Used in the context of general equities. Bid and Offer prices given by a Market maker for the purpose of valuation, not as an invitation to trade; must be specifically identified as such by prefixing the quotes FYI (for your information) or FVO (for Valuation only).


 
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02/08/2012 - SV1n