Hi all
I am newbie to trading.
I hear frequently the word QUOTING. Probably I am wrong but I have the following doubt
1. does it mean just defining a price for a single order ( either buy or sell ) that I am going to send soon.
2. it is when I send 2 orders ( BUY + SELL ) at the same exact time? Some kind of type of order
3. It is just sending a single order ( either buy or sell ) .We use the word QUOTE to distinguish the order from the order that comes next i.e the HEDGE.
I hope you can help me
Regards
Mnstn
I am newbie to trading.
I hear frequently the word QUOTING. Probably I am wrong but I have the following doubt
1. does it mean just defining a price for a single order ( either buy or sell ) that I am going to send soon.
2. it is when I send 2 orders ( BUY + SELL ) at the same exact time? Some kind of type of order
3. It is just sending a single order ( either buy or sell ) .We use the word QUOTE to distinguish the order from the order that comes next i.e the HEDGE.
I hope you can help me
Regards
Mnstn