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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."


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4723 lows came on relatively modest volume, although many short term players hit the bid at once for fear of getting caught on the wrong side of the market, which has been a regular occurrence in the current market.
The World Cup winners were favourites to be awarded the tournament - but the match-fixing scandal and hooliganism that has scarred the game in Italy hit the bid hard.
Hit The Bid, another making a quick reappearance, repeated Monday's handicap hurdle win over course and distance and made it three wins in 12 days when beating Don't Tell Tom comfortably.
 
 
 
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