👉 Underquoted is a term used in financial markets to describe an investment or trade that is not priced correctly. It refers to a situation where a stock, bond, or other financial instrument has been overpriced compared to its value. Underquoted securities may be difficult for investors to understand and sell because they are undervalued relative to their actual price. This can result in increased trading costs, decreased liquidity, and potential for losses if the underlying asset's value declines.