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Glossary

Bid price

Definition

The price at which you can sell a specified instrument. For forex trading, this is the price at which you can sell the trade/base currency (quoted first) by buying the price currency of the pair. For example, if you sell USDJPY 100,000, you are selling 100,000 US dollars and buying Japanese yen.

Related Items

Ask price Mid price Offer price Call option Put option
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