quote-driven trading system
C27143
concept
A quote-driven trading system is a market structure where dealers continuously provide bid and ask prices for securities, and trades are executed against these dealer quotes rather than through direct order matching between buyers and sellers.
All labels observed (1)
| Label | Occurrences |
|---|---|
| quote-driven trading system canonical | 2 |
Description generation (CDg)
The one-sentence description above was generated by prompting gpt-5.1 with the class name and this instruction.
Instruction
generate a one-sentence description for a given conceptual class. # Response Format Return only the sentence: "Description: [one-sentence description of the conceptional class]"
Input
Class: quote-driven trading system
Generated description
A quote-driven trading system is a market structure where dealers continuously provide bid and ask prices for securities, and trades are executed against these dealer quotes rather than through direct order matching between buyers and sellers.
Instances (2)
| Instance | Via concept surface |
|---|---|
| SEAQ | — |
| Stock Exchange Automated Quotations | — |