Bid Price Definition
The Bid Price is the highest price a buyer is willing to pay for a financial asset, such as a currency pair in the Foreign Exchange (FX) market, representing th
The Bid Price is the highest price a buyer is willing to pay for a financial asset, such as a currency pair in the Foreign Exchange (FX) market, representing the rate at which a trader can sell the base currency to a market maker or broker. This price is the first component of a two-way quotation, always lower than the corresponding Ask Price, and is the execution price for a market sell order.