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Bid is the highest price someone is offering to buy the securities for at a given point in time. Ask is the lowest price someone is offering to sell the securities for at a given point in time. When placing a trade you would typically be buying at the ask price and selling for the bid price.

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What do bid and ask mean in currency conversion?

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


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 the bid price of EUR(1.5015) interms of GBP(1.5040)?

The bid price of EUR in terms of GBP can be calculated by dividing the bid price of EUR by the ask price of GBP. Using the given prices, the bid price of EUR (1.5015) in terms of GBP (1.5040) is approximately 0.9963 GBP per EUR (1.5015 / 1.5040 = 0.9963). This means that for every 1 EUR, you would receive about 0.9963 GBP at the given rates.


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


What is offer to bid pricing in unit trust?

In the very simplest of terms, the price at which units in a unit trust are bought (the offer price) is greater than the selling price (the bid price) and the difference is a combination of various charges. Hence, the value of the unit trust fund has to increase to cover this difference before the units can be sold without a loss. These prices (on an offer to bid basis) are the normal trading prices and use the maximum buying price. If there are a lot of sellers then the bid price may be reduced by the managers to a lower price to discourage sales (on a bid to offer basis). The lowest bid price is called the cancellation price and is dependent upon the value of the assets of the unit trust. Also, unit trusts do not all have the same difference between buying and selling prices.

Related Questions

What do bid and ask mean in currency conversion?

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


What is the difference between bid and ask prices in trading?

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread.


What's the difference between bid and ask prices in trading?

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread.


What is the difference between the bid and ask prices in trading?

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread, which represents the cost of trading a security.


What is the difference between the bid and ask prices in stock trading?

The bid price is the highest price a buyer is willing to pay for a stock, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread, which represents the cost of trading a stock.


What is the difference between the bid and ask prices when placing a trade?

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread, which represents the cost of trading a security.


What is the difference between the bid and ask prices in a financial market?

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread, and it represents the cost of trading in the financial market.


What is the difference between bid and ask bonds in the bond market?

In the bond market, the bid price is the highest price a buyer is willing to pay for a bond, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the bid-ask spread.


How can one profit from bid-ask spread?

One can profit from bid-ask spread by buying at the bid price and selling at the ask price, aiming to capture the difference between the two prices. This strategy is commonly used in trading to generate profits.


How do bid and ask prices work in Forex?

In forex trading, the bid and ask prices are key to understanding how to buy and sell currencies. The bid price is what a buyer will pay for a currency, while the ask price is what a seller wants. The difference between them is called the spread. As a trader, I always check the spread because it affects my profit. When I buy, I pay the ask price, and when I sell, I get the bid price. Knowing this helps me make better trades!


Can you explain the difference between bid and ask stock prices?

The bid price is the highest price a buyer is willing to pay for a stock, while the ask price is the lowest price a seller is willing to accept. The bid price is what you can sell a stock for, and the ask price is what you can buy a stock for.


Is it possible to place a bid higher than the ask price in a stock market transaction?

No, it is not possible to place a bid higher than the ask price in a stock market transaction. The bid represents the maximum price a buyer is willing to pay, while the ask price is the minimum price a seller is willing to accept. The bid and ask prices must align for a transaction to occur.