Middle Rate

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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.
References in periodicals archive ?
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:
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.