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Bid Price

The price which a buyer is willing to pay to possess or take hold of an asset. The bid price…

Downtick Order

An execution order (specifically a tick-senstitive order) that triggers the purchase or sale of securities if the market moves down...

Quote-Driven Market

A market that is controlled by market makers or dealers in the sense that prices of securities are determined through...

Spread

The difference between bid price (bid) and ask price (ask). It is the price difference between what a buyer is...

Ask Price

The price at which a market participant is willing and ready (by accepting an offer) to sell a tradable investment...

Ask

The price at which a market participant is willing and ready (by accepting an offer) to sell a tradable investment...

Ask Size

The total number of securities that are offered for sale at the current quote in a given market. Differently stated,...

Best Ask

The lowest price at which market makers, in a given market, offer to sell an investment (e.g., a security: a...