Error Quote definition

Error Quote or “Spike” shall mean an error Quote having the following characteristics:
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Error Quote or ‘Spike’ shall mean an error Quote having the following characteristics:
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Error Quote or “Spike” shall mean an error Quote having the following characteristics: a significant Price Gap; and
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Examples of Error Quote in a sentence

  • The Customer shall be responsible for all financial losses caused by the opening of the position using temporary excess Free Margin on the Trading Account gained as a result of a profitable position (cancelled by the Company afterwards) opened at an Error Quote (Spike) or at a Quote received as a result of Manifest Error.

  • No Client complaints will be accepted in regard to the financial results of the deals made using temporary excess Free Margin on the Trading Account gained as a result of a profitable position (cancelled by the Company afterwards) opened at an Error Quote (Spike) or at a Quote received as a result of a Manifest Error.

  • Quote will be a considered an Error Quote if: • There is a significant price gap; • The price rebounds (that have a price gap) occur in a considerably short time; • It appears before non-rapid price movements; and • It appears before and after a period where no significant macroeconomic reports are released.

  • The Client shall be responsible for all financial losses caused by the opening of the position using temporary excess Free Margin on the Trading Account gained as a result of a profitable position (cancelled by the Company afterwards) opened at an Error Quote (Spike) or at a Quote received as a result of a Manifest Error.

  • The Customer shall be responsible for all financial losses caused by the opening of the position using temporary excess Free Margin on the Trading Account gained as a result of a profitable position (cancelled by the Company afterwards) opened at an Error Quote (Spike) or at a Quote received as a result of a Manifest Error.

  • The Quote is either not obtained from the Company, or it is an Indicative Quote, or it is manifestly erroneous, or it is an Error Quote (Spike).


More Definitions of Error Quote

Error Quote means an error Quote having the following characteristics:
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Error Quote or “Spike” shall mean an error Quote having the following characteristics:a significant Price Gap;
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Error Quote or “Spike” shall mean an error Quote or an error Quote having in addition the following
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Related to Error Quote

  • Error Quote (Spike) means an Error Quote with the following characteristics:

  • Request for Quote or “RFQ” means an electronic message disseminated on the SEF Platform for the purposes of soliciting bids or offers for a specific Swap.

  • Request for Quotations or “RFQ” means an informal request for prices on Goods and/or Services with an estimated procurement cost between $10,000 and up to but not including

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • Request for Quotation (RFQ) means the document(s) containing the Conditions of Quoting and Contract, the Annexure, Special Conditions of Contract (if any), Scope of Services, Response Schedules and any other document issued for the purposes of inviting Quotations for the Services.