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What are bid and ask prices?

In: Stocks [Edit categories]

Answer:

Bid and Ask

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.

First answer by Ksmail. Last edit by Ksmail. Contributor trust: 3973 [recommend contributor ]. Question popularity: 3 [Recommended].

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