The phrase "ask quote" is not correct and does not convey a clear meaning in written English.
It may be intended to refer to a request for a quotation or a price estimate, but as it stands, it lacks clarity and context.
Example: "Could you please ask for a quote from the supplier regarding the new materials?"
Alternatives: "request a quote" or "inquire about pricing".
Moreover, by including both market orders and marketable limit orders (marketable limit orders are limit buy orders above the ask quote or limit sell orders below the bid), all traders demanding immediacy in execution are included.
We compute daily log returns from the last mid-quotes before the closing auction: begin{aligned} R_{i,t},=,log left( frac{text{ask}_{i,t},+,text{bid}_{i,t}}{text{ask}_{i,t,-,1},+ text{bid}_{i,t,-,1}}right), end{aligned} (1 where (text{ask}_{i,t}) is the last ask quote for stock i before the closing auction of day t and (text{bid}_{i,t}) the corresponding bid quote.
We compute daily log returns from the last mid-quotes before the closing auction: begin{aligned} R_{i,t}=log left( frac{{text {ask}}_{i,t}+{text {bid}}_{i,t}}{{text {ask}}_{i,t-1}+{ text {bid}}_{i,t-1}}right), end{aligned} (2 where ({text {ask}}_{i,t}ldots) is the last ask quote for stock i before the closing auction of day t and ({text {bid}}_{i,t}ldots) is the corresponding bid quote.
Four ask quotes are found to be lower than the corresponding bid quotes.
Bid and ask quotes show a large number of missing values on Aug. 24, 2009.
The only other information available is that it should fall ideally within the observed bid and ask quotes.
We calculate the relative quoted spread, RQS, which is the difference between the bid and ask quotes in time t scaled by the quote mid-point.
Put another way, compared with their peers, market makers affiliated with the brokers used by insiders post more aggressive ask quotes during periods when insiders trade.
Figure 2 demonstrates that, even in the region of a deep out-of-money strike price (i.e., (K gg S_{t})), the estimated curves from both of the methods lie between the bid and ask quotes.
"What is the source of our first suffering?" he asked, quoting the French philosopher Gaston Bachelard.
"Was Fields 'held for interrogation'?" she asked, quoting from the Miranda decision.
