Meaning of “quote-driven” in the English Dictionary

business-english dictionary

"quote-driven" in Business English

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quote-drivenadjective

uk us STOCK MARKET

used to describe a system on a stock market in which prices are given by dealers (= people who buy and sell shares), 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)