Refers to over-the-counter trading. A news story concerning the stock being considered has recently been posted on one of the news services, such as the Dow Jones News Service or Reuters. A courtesy standard in trading is to mention that "news is out," in case the other party is unaware of the new development.
Similar Matches
Autoquote
Autoquote Autoquote indicative prices are generated for many of the financial options contracts traded at LIFFE
using standard mathematical models as derived by Black and Scholes and Cox, Ross, Rubinstein. Autoquote calculates prices for all series by processing variables captured in real-time from other systems and trading members each time the underlying price changes. Autoquotes indicate where a series may trade, given the current level of the underlying instrument.
Direct quote
Direct quote For foreign exchange, the number
of US dollars needed to buy one unit of a foreign
currency.
European Association of Securities Dealers Automated Quotation (EASDAQ)