Middle Rate

(redirected from Middle Rates)

Middle Rate

In securities, the price halfway between the current bid and ask prices. For example, if the bid is $12.72 and the ask is $12.76, the middle rate is $12.74. It is also called the mid-price. See also: Bid-ask spread.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below:
Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:
Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:
dollar and middle rates of the cross currency quotes at noon.
The rates in our sample are middle rates, i.e., averages of bid and ask rates.
Bank Indonesia's middle rates of exchange show that the value of the rupiah has strengthend over the last week, from Rp 7,825 to the dollar on 7 May to Rp 7,600 on 10 May.
At the highest of the four middle rates (46/min), percentage correct was 77.1%, and at the highest overall rate (62/min) it was 50.2%.
Unless otherwise noted, all rates listed are middle rates of interbank bid and asked quotes, and are expressed in foreign currency units per one US dollar.
However, there is a surprising regularity in these data for consecutive years, for, while there was a clear shift of proportions from the minimum to the maximum rate as the unemployment rate rose, the proportion of graded employers assigned the middle rates remained at about half throughout the period, regardless of business conditions.