Mandatory quote period
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On the London Stock Exchange, the mandatory quote period (or MQP[1]) is the period during which all registered market makers are obliged to display prices.
This article appears to be a dictionary definition. (December 2013) |
In this period, market makers on the Exchange’s quote driven SEAQ and SEAQ International services are obliged to make a firm two-way quote for the securities in which they are registered. This is between 0800–1630 hours for SEAQ and 0930–1530 hours for SE.[2]