In trading, the quote is the price at which an asset was last traded, or the price at which it can currently be bought or sold.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.
Quote definition
Quote price
The current price of most assets will be the same as the quote price, and will change throughout the day as the asset is bought and sold on exchanges or over the counter. Each time an asset is traded, its quote price gets updated.
Bid and ask quotes
Differing from the quote price (or market price, as it is also known), the bid and ask quotes are the prices at which an asset can be bought and sold. At IG, we refer to these as the buy and the sell prices.
