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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. Hit the Bid To agree to sell a security at a previously quoted bid. This term is often used when one dealer sells to another. It is the opposite of the term, "take the offer." How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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. |
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