Nominal Quotation

A quote generated by a futures exchange or broker for contracts that have not traded for a specific period of time.

Also referred to as a "nominal quote" or "nominal price".

This figure is calculated differently by each exchange or broker. Typically, it will be some average between the bid and asking prices, and it is necessary for determining margin positions.


Investment dictionary. . 2012.

Look at other dictionaries:

  • nominal quotation — ( or nominal price) The price quotation calculated for futures or options for a period during which no actual trading occurred. These quotations are usually calculated by averaging the bid and asked prices. The CENTER ONLINE Futures Glossary Used …   Financial and business terms

  • nominal price — ( or nominal quotation) The price quotation calculated for futures or options for a period during which no actual trading occurred. These quotations are usually calculated by averaging the bid and asked prices. The CENTER ONLINE Futures Glossary… …   Financial and business terms

  • Quotation — The bid and offered prices a dealer is willing to buy or sell at. The New York Times Financial Glossary * * * quotation quo‧ta‧tion [kwəʊˈteɪʆn ǁ kwoʊ ] noun [countable] 1. COMMERCE a written statement of how much something will cost, for… …   Financial and business terms

  • quotation — Often referred to as a quote. The actual, bid, or asked price of futures, options, or cash commodities at a certain time. The CENTER ONLINE Futures Glossary Highest bid and lowest offer (asked ) price currently available on a security or a… …   Financial and business terms

  • Nominal price — Price quotations on futures for a period in which no actual trading took place. The New York Times Financial Glossary * * * nominal price nominal price ➔ price1 * * * nominal price UK US noun [C] ► COMMERCE an amount of money paid for something… …   Financial and business terms

  • quotation — Synonyms and related words: allusion, asking price, bargain price, bearish prices, bid, bid price, book value, bullish prices, call price, case, cash price, charge, citation, closing price, controlled price, cost, cross reference, current price,… …   Moby Thesaurus

  • Nominal exchange rate — The actual foreign exchange quotation in contrast to the real exchange rate that has been adjusted for changes in purchasing power. The New York Times Financial Glossary …   Financial and business terms

  • nominal exchange rate — The actual foreign exchange quotation in contrast to the real exchange rate, which has been adjusted for changes in purchasing power. Bloomberg Financial Dictionary …   Financial and business terms

  • nominal — Synonyms and related words: abstract noun, adherent noun, adjectival, adverbial, alleged, apparent, attributive, budget, byname, cheap, cognominal, collective noun, common noun, conjunctive, copulative, correct, diminutive, easy, economic,… …   Moby Thesaurus

  • КОТИРОВКА НОМИНАЛЬНАЯ — NOMINAL QUOTATIONКотировка, к рая не основывается на реальных курсах, определяемых спросом и предложением на ценные бумаги, а лишь указывает возможный курс, основанный на предыдущей сделке или предложенной цене, возможной при выполнении… …   Энциклопедия банковского дела и финансов

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