OFFER
24 May 2016 By PDSNETAn indication of the willingness of an investor to sell a share at a given price; the opposite of bid. Offers are normally placed on your stockbroker’s trading platform for the specific shares which you want to sell. You must obviously have ownership of the shares that you want to sell and you must give the price at which you will sell them and the number of shares you are willing to sell at that price. Once you have placed an offer, the JSE computer will automatically execute the sale if there is someone bidding for the same shares at the price that you want. Sales at a specific price are executed strictly in the order in which they were entered onto the JSE’s system.
Share this glossary term: