The cover price is the second-best quote in a request for quote, which many platforms disclose to the winning dealer after the trade; it tells the winner how much it could have shaded its quote and still won.
Quantitative Finance · Begrippenlijst
Quantitative Finance · Begrippenlijst
The cover price is the second-best quote in a request for quote, which many platforms disclose to the winning dealer after the trade; it tells the winner how much it could have shaded its quote and still won.