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Hit the Bid
(redirected from Hitting 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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CQG's TradeFlow charts show the electronic trader market aggression by graphically displaying volume hitting the bid or lifting the offer.
CQG's TradeFlow charts show the electronic trader market aggression by graphically displaying volume hitting the bid or lifting the offer.
Sweeps Functionality -- Options traders can now enter multiple single orders at one time when hitting the bid or taking the offers accessing available liquidity from the five major options exchanges.
 
 
 
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