What is quoted price?
A quoted price is the latest price to be traded at by an investment (or any other type of asset). The quoted investment prices such as stocks, bonds, commodities, and derivatives are constantly changing throughout the day inline with the events that affect the financial markets and the perceived value of different investments. The quoted price represents the most recent bid and asks prices that buyers and sellers were able to agree on.
Quoted price broken down
The quoted stock prices are displayed on an electronic ticker tape, which displays the up-to-the-minute market price and trading volume information. The quoted price is the most up-to-date deal between buyers and sellers, or the bid and asks prices. The bid price is an offer made by an investor, trader, or dealer to buy a security, product, or currency. On the other hand, the bid is the price that a seller would accept. A request is often referred to as an offer, too. The difference between the tender and the request is the spread.
For individuals who trade their own portfolios, quoted rates are often shown on their online trading site in a rectangle in an easy-to-spot position. The bids and requests are constantly moving when the security is in high demand and with a large volume trading. If the security is not covered and if there is no significant demand, the quoted price may not move up or down much over the course of the day of trade. Particularly, traders are constantly watching and predicting a security's quoted price in order to place bets for their clients or their own accounts.