example, in the" EUR/USD.2812/15, the ask price.2815. An offer placed below the current offer will either narrow the bid / ask spread or the order will hit the bid price, in which case the order will be filled instantly because the sell order interacted with a buy order. If the bid is placed.03, all other bids above it must be filled before the price drops.03 and potentially fills the.03 order.
It, too, changes frequently as traders react and make moves. You've decided to sell your home and you list it at 350,000. The Forex bid ask spread represents the difference between the purchase and the sale rates. Even in an active stock, always buying on the offer means paying a slightly higher price than what could be attained if the trader placed a bid at the current bid. The bid and ask are always fluctuating, so it's sometimes worth it to get in or out quickly. Jim Barns, Market Analyst. For example, the bid.05, and the offer.06.
This page covers everything you need to know about the bid and ask prices in the online.
Forex trading market, From the definition.
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