An in-depth look at the Offer Price or Ask Price, its importance in financial markets, historical context, key considerations, and practical examples.
The offer price is the price at which a security is offered for sale by a market maker and also the price at which an institution will sell units in a unit trust. This article delves into its historical context, types, key events, and various aspects related to the offer price.
A Firm Quote in the securities industry is a round-lot bid or offer price of a security stated by a market maker, which is not identified as a nominal or subject quote that requires further negotiation or review.
