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Hit the bid

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Hit the bid
A dealer who agrees to sell at the bid price quoted by another dealer is said to "hit" that bid. Antithesis of take the offer.
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GAIN traders continuously publish real time prices via GAIN's secure, Java-enabled dealing software, and clients can at any time hit the bid or lift the offer and instantaneously execute a trade.
GAIN Capital Begins Full-Scale Live FX Trading Today; With 2-Month ... by Business Wire
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