Cheque and Mid market price: Difference between pages

Revision as of 13:48, 11 May 2016

The average value of the bid price and offer price of a traded asset.

Also known as Mid price or Mid rate.

@@ Line 1: / Line 1: @@
-A written order from one party (the drawer) to another (the drawee, normally a bank) requiring the drawee to pay a specified sum on demand to the drawer or to a third party specified by the drawer.
+The average value of the bid price and offer price of a traded asset.
+Also known as Mid price or Mid rate.
-Cheques are widely used for settling debts and withdrawing money from banks.
 == See also ==
-* [[Bank cheque]]
+* [[Bid price]]
-* [[Cash letter]]
+* [[Offer price]]
-* [[Cheque clearing]]
+* [[Two way price]]
-* [[Cheque truncation]]
-* [[Clearing float]]
-* [[Country items]]
-* [[Draft]]
-* [[Drawee bank]]
-* [[Drawer]]
-* [[Mail float]]
-* [[Money order]]
-* [[Payee]]
-* [[Payor]]