firm quote definition
firm quote means an order or a quote (whether a bid or an offer) in a sufficiently liquid instrument that is executable and can be matched against an opposite order or quote under the rules of a trading venue;
firm quote means an order or a quote that is executable and can be matched against an opposite order or quote under the rules of a trading venue; “
firm quote means a firm quotation to purchase or sell a Reference Obligation (or to offer protection or purchase protection in the case of an Unfunded Reference Obligation) provided (a) to the Investment Manager for execution with the Counterparty or (b) by the Counterparty.