Investments glossary

Quote-Driven Market

A quote-driven market is an electronic stock exchange system in which prices are determined from bid and ask quotations made by market makers, dealers, or specialists. In a quote-driven market, also known as a price-driven market, dealers fill orders from their own inventory or by matching them with other orders. A quote-driven market is the opposite of an order-driven market, which displays individual investors’ bid and ask prices and the number of shares they want to trade.

Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply

Your email address will not be published. Required fields are marked *