This article has been translated from English to Gen Z Slang.
A firm quote is like when a market maker says, "Yo fam, I'm totes ready to buy or sell at this exact price, no cap." 💸
It's got that bid and ask vibe, meaning the homie behind the quote is down to trade a certain amount. 📈
A firm quote is non-negotiable. It's basically a “take it or leave it” vibe. 🚫🧐
When we're talking a firm quote, that price is locked in for reals. Market makers gotta roll with the price and volume they're spitting out when their quotes are firm. 💪🔥