Ask for a Quote definition

Ask for a Quote means a request for a “Bid” or “Ask” Quote transmitted via the System by a Participant to all the participants of the MIC section which do not belong to the same bank group of the issuing party, as per Article 10. The Ask for a Quote is of a “Bid” type if the party issuing it requests funds and is of an “Ask” type if the party issuing it offers funds;
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