Trading & Market Structure

Bid

Definition

What is Bid?

The highest price a buyer is currently willing to pay for a security.

Example in practice

The best bid for a share is ₦24.90.

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The lowest price a seller is currently willing to accept for a security.

The difference between the best available buying and selling prices.

A record of outstanding buy and sell orders arranged by price and often time priority.

An instruction to buy or sell immediately at the best available prices.

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