Bid-offer price and Sterling: Difference between pages

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imported>Doug Williamson
(Link with new Mid rate page.)
 
imported>Doug Williamson
(Expand and link. Source: Oxford English Dictionary, 3rd Edition.)
 
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Bid offer prices (or bid-ask prices) are quoted by market makers simultaneously as the prices at which they will deal with the market either to buy or to sell.
#Abbreviation for the UK currency, pound sterling (GBP).
#A purity standard for silver, of 92.5%.
 


Spread means the difference between the bid price and the offer price.  The greater the spread, the greater the market maker’s compensation for their work and risk in making the two way price; and the greater the all-in transaction cost for the price taker.


== See also ==
== See also ==
* [[Ask price]]
* [[ISO currency codes]]
* [[Bid rate]]
* [[Pound sterling]]
* [[Bid-offer spread]]
* [[Cable]]
* [[Market maker]]
* [[Mid rate]]
* [[Two way price]]

Revision as of 10:34, 17 January 2016

  1. Abbreviation for the UK currency, pound sterling (GBP).
  2. A purity standard for silver, of 92.5%.


See also