Definition for : Ask or Offer or Bid or Spread or Bid-Ask
"Ask" or "Offer" designates the price at which a Market maker is willing (Offering) to sell a currency, a Share, a Bond, or any other type of financial instruments. The Market maker typically quotes two prices ("Bid-Ask" quote): (i) the price at which he is willing to buy (called the "Bid" or offer to buy); and (ii) the price at which he is willing to sell (called the "Ask" or offer to sell). The difference between the Bid and the Ask is called the "Spread", and constitutes the Market maker's remuneration.
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