TradingBeginner
Bid
A price at which a participant or trading system is prepared to buy an asset.
PLAIN-ENGLISH DEFINITION
In more detail
The best displayed bid is the highest visible buying price in an order book. It comes with an available quantity, so selling more than that amount can reach lower bids. This explains why reading only the top price does not fully describe the proceeds of a larger sale.
IN THE WILD
How you might use it
The best bid is 99 for two units; selling more than two may also match lower bids in the book.
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