Quotation currency
Also written QC · Quotation currency (QC)
The currency that prices the base currency, written second, whose amount varies as the price of the base currency varies.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series I← All terms