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The bid and ask are the best prices offered by the buyers and sellers.

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Q: What do bid and ask mean in currency conversion?
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What is bid and ask rate in forex?

Bid: The price a buyer is willing to pay for a security or goods (Currency pair)Ask: asking price, or simply ask, is a price a seller of a good is willing to accept for that particular security or goods


An eBay bid for AU 46.00 what does the AU in front of the currency mean?

Australian dollar


What is locational arbitrage?

Locational arbitrage is possible when a bank's buying price (bid price) is higher than another bank's selling price (ask price) for the same currency.


What is the bid an ask price in commodities?

"Ask" is the price sellers are asking for their commodity. "Bid" is the price buyers are willing to pay.


What is bid and ask in foreign exchange?

The bid is the price that the buyers are willing to pay. The ask is the price that the sellers are willing to pay.


What does it mean when there is a bid price but no ask price for a stock?

means that the markets closed... Wait till they open again


When you place bid your ebay items Will they ask your credit card at first I accidentally place bid but how come they didn't ask my credit card and i still see the increase bid one?

They do not ask for your credit card info to place a bid on EBay. If you accidently placed a bid you should try to contact the seller to see if they will let you cancel your purchase. If they will not, then you will have to pay for the item if you are the highest bidder.


What is crossing the bid ask spread?

Selling at a price equal to or lower than the bid price or buying at a price equal to or higher than the ask price.


What does BID pm mean on a prescription?

BID or bid on a prescription mean "twice a day". PM mean afternoon or evening, unless it was prn and that means "as needed". Or if it is po, then that means "by mouth".


What does 4 bid mean in doasage?

bid means twice a day


What does bid mean on lockerz?

Bid on LockerZ basically means that you bid PTZ or points on an item. The highest bid within the time limit will win.


Explain why the bid-ask spread is a transaction cost?

The bid-ask spread is the difference between the bid price (the amount of money you get when you sell) and the ask price (the amount of money it costs to buy). Since the ask price is higher than the bid price, it costs you more money to buy the asset than you would receive should you be selling the same asset. This spread is the price (along with a commission) for making the trade.