All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Streaming quote, liquidity tier?

Also known as: streaming quote · liquidity tier

Definition 15.1 Markets II: Rates, FX and Credit · Chapter 15 — FX Spot Microstructure

A streaming quote is a bid and an ask, for given sizes, that a liquidity provider publishes continuously to a client or a platform and updates many times a second; the client trades by sending a request at a displayed price. A liquidity tier is the set of spreads and sizes a provider shows to a group of clients, set by its view of their flow.

Read in context →