Trading Practices – “Subject” / “Under Reference” or “Indicative”
TRADING PRACTICES - THE PRICE QUOTED TO THE BROKER IS “SUBJECT” / “UNDER REFERENCE” OR “INDICATIVE” THE PRICE QUOTED TO THE BROKER IS "SUBJECT" / "UNDER REFERENCE" OR "INDICATIVE" "Subject", "under reference", and "indicative" price terminologies are interchangeably used by dealers. A "subject", "under reference", or "indicative" price is not a firm price. The broker [...]