Glossary

Welcome to Fineco’s Glossary! It will help you better understand the financial terminology and master your financial skills.

Q

QUOTATIONS

Quotations refer to the most recent sale price a stock, bond, or any other asset traded. In addition, most asset classes also quote the bid and ask price that determines the final sale price. The bid is defined as the highest price a buyer is willing to pay for the assets while the ask is the highest price a seller is willing to receive for selling. It's common for stable, liquid assets to record narrow bid-ask spreads in a normal trading environment. The pair will usually divert following systemic concerns like geopolitical events or broad market downturns. The onset of volatility and uncertainty moves the supply and demand mechanisms undermining quotations into flux.