Ask: What it is, How it Works, Different Spreads
The trade will occur only if a buyer agrees to pay the best available ask price or if a seller accepts the best available bid price. Consider a stock that’s trading with a bid price how and where can i buy bitcoin from britain of $7 and an ask price of $9. The investor would have to advance to $10 a share simply to produce a $1 per-share profit. If the demand for a financial asset increases, the bid and ask prices will also gradually increase. Meanwhile, if the supply of a financial asset increases, it will cause the...
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