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Glossary

Quote

A security price considered while buying and selling. It is expressed in Ask and Bid prices.

Quote currency

The second currency in a currency pair, for which a client is able to sell/buy a base currency. For instance, in the currency pair USD/JPY, Japanese yen is the quote currency.

Quote’s feed

Quotations on each security entering the system.

Quoting

Providing a client with quotes in order to complete a transaction.

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