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bid wanted

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.01 sec.
Bid wanted
Used in the context of general equities. Announcement that a holder of securities wants to sell and will entertain bids.

bid wanted (BW)
Notice given by a security owner that a security position is available for sale and that purchase offers will be considered. A bid wanted announcement is the initial step in seeking an interested buyer with the final price to be negotiated later.


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During the Second Quarter of this year, HTDonline will offer live electronic Bid Wanted capability for all Municipal securities traded by HTD, followed by real-time price negotiation and execution of any secondary Municipal bond offering.
 
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