Financial quote

Simultaneous points is from a firm bid and ask price ( buying and selling price ) referred for a certain number of securities by a market participant on a stock exchange as a ratio.

Background

An example is the simultaneous entry of a buy and a sell order in XETRA. This is especially set by the market makers and designated sponsor to guarantee liquidity in the market. Quotes are only valid in Xetra days, but can be changed during the settling time in terms of price and volume limits.

The product of binding gestelltem price and quantity is referred to as quote volume. Many exchanges have here a so-called (minimum) Still holding volume or minimum quote volume set to which the market makers are obliged to provide firm quotes on request of another market participant.