Bid price

The bid price ( bid English ) is the highest price at which a market participant A is willing to buy a security, a foreign exchange or any other financial product. The market participant A offers this award to purchase the paper. To bid it can thus be sold on the market by a participant B to A. A market participant can therefore sell at the bid price on the market and gets the prize, which is offered to him by the buyer for it.

The opposite of the bid price is called the ask price (English ask). The bid price is usually below the offer price; the purchase price of the security on the market is lower than the retail price, because typically the seller would like to sell the paper cost more than the buyer wants to buy it. The arithmetic mean between the bid and ask price is called the mean rate (also spot exchange rate ), the difference between the two values ​​as the bid-ask spread or spread.

In the course of the daily newspapers of course suffix G indicates that the called (money ) Course no revenue has come about.