Quote Currency definition

Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.
Quote Currency means in an FX Contract the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.
Quote Currency means the second currency represented in the currency pair which can be bought or sold by the Client for the base currency i.e. for the GBP/USD currency pair the quote currency is the US Dollar.

Examples of Quote Currency in a sentence

  • For example, in respect of Currency Pairs: selling the Base Currency against the Quote Currency.

  • For example, in respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • For example, in respect of Currency Pairs, buying the Base Currency against the Quote Currency.

  • Base Currency shall mean the first currency represented in the Currency Pair against which the Client buys or sells the Quote Currency, e.g. for the EURUSD currency pair the Base Currency is the Euro.

  • The first currency of a currency pair is called the 'Base Currency', and the second currency is called the 'Quote Currency'.


More Definitions of Quote Currency

Quote Currency is the second currency in the currency pair symbol that is used by the Customer for selling or buying the base currency.
Quote Currency means the second currency in the Currency Pair, which can be bought or sold by the Client for the Base Currency.
Quote Currency means, in a CFD with Currency Pair as underlying the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.
Quote Currency means the second currency in the currency pair which can be bought or sold by the «Client» for the base currency.
Quote Currency the second currency in the currency pair.
Quote Currency. The second currency in the currency pair. Regulator: The Cyprus Securities and Exchange Commission (“CySEC”).
Quote Currency. The second currency in the Currency Pair. Rules: Laws, articles, regulations, directives, procedures and customs as in force from time to time.