81,821
edits
Bid and offer: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) (Created page with "{{g}}The “bid price” is the price at which you would buy something (think, in an auction, of making a bid), whereas the “offer price” or ’ask price is th...") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 7: | Line 7: | ||
Brokers get away with this because ''every'' one does the same thing — you would be a knuckle-head not to — so their competitive advantage comes down to how tight is their spread around the [[mid-market price]]. | Brokers get away with this because ''every'' one does the same thing — you would be a knuckle-head not to — so their competitive advantage comes down to how tight is their spread around the [[mid-market price]]. | ||
ISDA Ninja]]s will also see references to “{{isdaprov|Mid-Market Events}}” when closing out an {{isdama}} for a {{isdaprov|Termination Event}} with two {{isdaprov|Affected Parties}} (that is, no naughtiness on the part of one party justifying the other “innocent” party gouging its eyes out on {{isdaprov|Transaction}} termination. | |||
{{ref}} | |||