Yellow strip

Yellow strip price or touch price is a term used in the UK stock market(LSE) by Market makers for the highest bid price or lowest offer price, shown on the SEAQ or SETS screen in a yellow strip.

The difference between the lowest(offer) and highest(bidding) price is known as the Bid-offer spread.

References


This article is issued from Wikipedia - version of the Saturday, March 29, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.