Njau Posted June 5, 2020 Share Posted June 5, 2020 Explain what is a bid. Quote Link to comment Share on other sites More sharing options...
0 Faraz Posted June 7, 2020 Share Posted June 7, 2020 A bid is an offer made by a speculator, merchant, or a dealer with an end goal to purchase a security, product, or money. A Bid, therefore, specifies the value the potential buyer is happy to pay, and also the amount he or she willing to buy, at the proposed cost. Also, bid refers to the cost at which a market maker is willing to purchase a security. The market marker is therefore obligated to disclose or display their asking price. Retail buyers are however not obligated to show their ask price. Quote Link to comment Share on other sites More sharing options...
0 Rishabh Tyagi Posted August 1, 2023 Share Posted August 1, 2023 @Faraz has explained it well. To learn more, you can check out this article; "Bis-Ask rates: All you need to know " - https://www.asktraders.com/learn-to-trade/stock-trading/trading-guide-bid-ask-rate/ Quote Link to comment Share on other sites More sharing options...
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Njau
Explain what is a bid.
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