Financial and business terms

YELLOW STRIP

yellow strip: translation

The yellow band on a SEAQ or SETS screen which displays the highest bid and the lowest offered prices that competing market makers are offering in a security. They are known colloquially as the 'touch' or 'yellow strip' prices.London Stock Exchange Glossary

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In the UK share market the yellow strip that appears on price display screens shows the best bid and ask price among all those quoted by market makers. The difference between the best bid and best ask is known as the spread.
See alsoAsk, Bid, Spread.