BID
6 May 2016 By PDSNET
A bid occurs when an investor indicates a willingness to buy a specific share at a given price. Usually this is done by entering the price and quantity required onto his or her stockbroker’s trading platform. The opposite of a bid is an "offer" or "ask" where an investor puts a quantity of shares up for sale usually at a specific price. Once you have a stockbroking account, you can ask them for direct online access to their trading platform. There you will see the best bids and offers for the various shares listed on the JSE.
Share this glossary term: