Ask rate
The ask price (short letter ; English ask , offer , rate ) is a market price , at which financial instruments or financial products by an economic agent offered.
It is the lowest price at which someone is willing to sell securities , currencies , types , precious metals or any other financial product. The owner of the financial product is the seller, he offers the financial product at the ask price. Other market participants can buy the financial product (the "Ask") at this ask price.
The opposite of the ask price is the bid price at which a market participant is willing to buy a financial product. The ask price is usually higher than the bid price: the financial product is only offered by latently willing sellers at a higher price, the ask price, for surrendering their “letters” than latently willing buyers who give money in return offer to pay. The difference between the two values is known as the bid-ask spread . The spread is the profit margin for the seller. The terms "ask" and "bid" are often used for the terms ask and bid.
When market prices are published, the “B” suffix indicates that there was no turnover at the stated (ask) price, but that an offer was available.
Individual evidence
- ↑ Ask price. In: FAZ.NET-Börsenlexikon. Retrieved January 9, 2020 .