Orders and execution · Rookie
Ask price
Also searched as: offer price, ask
What does Ask price mean?
The ask, also called the offer, is a quoted price at which sellers are willing to sell an instrument. Buying at market typically interacts with available asks.
Example
A trader buying at a 100.05 ask pays more than the simultaneous 100.00 bid.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
The latest traded price may differ from the current price available to buy.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.