quote-driven Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “quote-driven” in the English Dictionary

"quote-driven" in Business English

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quote-drivenadjective

uk   us   STOCK MARKET
used to describe a ​system on a ​stockmarket in which ​prices are given by dealers (= ​people who ​buy and ​sellshares), who ​change their ​prices according to ​demand from ​investors: Proponents of quote-driven ​trading say it ​creates greater ​liquidity. a quote-driven ​market/​system
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(Definition of quote-driven from the Cambridge Business English Dictionary © Cambridge University Press)
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