报价驱动的中文解释
就证券交易方式而言,报价驱动是指依赖做市商(market makers)来完成买卖。做市商会报出一个买卖双向报价,表示愿意并有能力按此报价进行交易。英文亦作Price Driven。
Quote Driven的英文解释
A market is described as being quote
driven when registered market makers are required to display bid and offer prices, and in some cases the
maximumbargain size to which these prices relate. The London SEAQ
system and NASDAQ are examples of quote
driven markets. The
alternative trading system, such as used on the New York Stock Exchange, is an order
driven one where market prices are set by the balance of supply and demand in a
continuous auction.