Yellow strip

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

* [http://glossary.reuters.com/index.php/Yellow_Strip Reuters Glossary - Yellow strip]
* [http://www.finance-glossary.com/terms/yellow-strip.htm Finance Glossary - Yellow strip]


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