Bid and ask prices given by a Market Maker to indicate valuation but not as an offer to transact. also called numbers only quotation.
A quote given which is not to be considered as firm in the event that a purchase or sale is consummated. An approximation of the price which could be expected on a purchase or sale.
An estimation of the approximate market value of a security for a future month or date for which there is no bid, ask or trade price. It is provided for informational purposes only not as an invitation to trade; must be specifically identified as such by prefixing the quotes F.Y.I. (for your information) or F.V.O. (for valuation only).