Quotations are the most recent prices at which an asset has traded; they are the most recent prices at which a buyer and seller have agreed to transact a portion of the asset; and they are the most recent prices at which an asset has sold. The bid quotation is the most recent price and quantity at which a share of stock can be purchased. The quotation indicates the price and quantity at which a current buyer is willing to purchase shares from the seller. A current participant's ask price indicates the price at which they are willing to sell their shares. Quotations are the most recent price at which an asset traded; it is the most recent price at which a buyer and seller agreed and at which a portion of the asset was transacted; and it is the most recent price at which an asset sold. The bid quotation provides the most up-to-date price and quantity at which a share of stock may be purchased. The ask price is the price at which a participant is willing to sell their shares. Market participants and volatility in a security's market activity and volatility are often examined by investors using historical quotes for the asset in question. One can obtain quotes from a variety of sources; investing news websites as well as trading platforms are excellent sources.

In trading, quotations (or quotes) refer to the real-time price data of financial instruments, such as stocks, currencies, or commodities. A quotation typically includes two key prices: the bid (the highest price a buyer is willing to pay) and the ask (the lowest price a seller is willing to accept). The difference between these prices is called the spread, which reflects market liquidity and trading costs. Quotes may also display the last traded price, volume, and time of transaction. Traders rely on live quotations to make informed decisions, execute orders, and analyze market trends. These quotes can be delayed (older data) or real-time (instant updates), depending on the data provider. Accurate quotations are essential for technical analysis, algorithmic trading, and risk management, ensuring transparency and efficiency in financial markets.