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Describes bid and asked prices a broker quotes for a given security. Used for listed equity securities. Bid and ask prices and quantity information from a specialist or from a dealer regarding a particular security (i.e., "IBM's 1/4 to 1/2, 5m by 10m").
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
In equities, the price at which a dealer or broker is willing to buy or sell a security. See also: Bid-ask spread.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The bid and ask price at which a dealer is willing to buy or sell a security.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.