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Investments glossary

Hit The Bid


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Quotes of the day:

A bad man, though raised to honour, always returns to his natural course, as a dog?s tail, though warmed by the fire and rubbed with oil, retains its form

— The Hitopadesa

‘Hit the bid’ is a buzzword used to describe an event where a trader agrees to sell at a bid price quoted by another trader. The bid-offer (or bid-ask) quote is controlled by a broker, or market maker, who collects commission based on the bid-offer spread.

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