Bid and ask are fundamental terms in trading, they have two interpretations:
- The primary definition of bid and ask revolves around the order book, specifically referring to buy orders (bid) and sell orders (ask).
- Another common usage of bid and ask relates to executed trades, specifically denoting market buys (trades at ask prices or simply asks) and market sells (trades at bid prices or simply bids).
We hope this article has clarified the key points related to the concepts of bid and ask and once again showcased the powerful capabilities of the ATAS platform for trading.
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