Series 7: 3.4.1.1.1. Out-Firm Quotations

Taken from our Series 7 Online Guide

3.4.1.1.1. Out-Firm Quotations

An out-firm quotation is a firm quotation with a recall provision. It will be firm for a specified period, usually an hour, with a five-minute recall provision. An out-firm quotation is also called a firm wit

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