Trading & Market Structure
Bid
Definition
What is Bid?
The highest price a buyer is currently willing to pay for a securityA tradable financial claim or ownership interest, such as a share, bond, or fund unit..
Example in practice
How This Looks in Practice
The best bid for a share is ₦24.90.
Keep learning
Related Terms
Trading & Market Structure
Ask
The lowest price a seller is currently willing to accept for a security.
Trading & Market StructureBid-Ask Spread
The difference between the best available buying and selling prices.
Trading & Market StructureOrder Book
A record of outstanding buy and sell orders arranged by price and often time priority.
Order TypesMarket Order
An instruction to buy or sell immediately at the best available prices.