If you’ve ever bought a car or gone to a yard sale, you already understand bid vs ask prices at a basic level. If someone wants to sell a used car for $1,000 and you want to buy it for $900, the $100 ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...
The bid-ask spread is the difference between the highest offered purchase price and the lowest offered sales price for a security. Brokers often quote the spread as a percentage, calculated by ...
also known as the bid price, can be thought of as the exchange rate at which the MARKET is willing to BUY at. The selling or 'ask' rate is the exchange rate which sellers within the MARKET are ...
It is the difference between buy/bid price (which a buyer is ready to pay) and ask/sell price (which a seller is ready to sell on) of any commodity particular future contract. A trade is exercised for ...
Relative to the interbank spread, the spread between the bid and ask price for a currency in the retail market is usually quite large. So why is this? Well aside from commissions on trades ...