Ask price

The ask (short letter, english ask, or offer rate) is in the financial sector the lowest price at which someone is willing to a security, a foreign exchange or any other financial product to sell. The market participant A " asks " the market if anyone wants to buy the paper at this price. Other market participants can therefore buy at the ask price, the paper ( the letter ) of A.

The opposite of the ask price is the bid price at which a trader is willing to buy a security. The ask price is usually higher than the bid price. The paper is on the market more expensive to buy than can be achieved through the sale. 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 the price notation B denotes that the said ( letter ) Course no revenue has come about.