Last Updated on: 19th February 2021, 08:54 am
The ask is the term used when one trader expresses an intention to buy an asset or financial instrument from another trader or institution. The ask price is one of the prices often quoted in the buying and selling of financial assets.
It represents the price at which you can buy an asset, and as such will usually be higher than the market price. It is the opposite of the bid.
In forex trading, this is the price that you, the trader, may buy the base currency.
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