Ask Rate

Ask Price/ Ask Rate
By: FX Strategy.com
Ask Price/ Ask Rate
The price at which a currency is offered for sale (as in bid/ask spread).

Ask Rate - The rate at which a financial instrument is offered for sale (as in bid/ask spread).

Ask Rate - The lowest price that shares will be offered for sale, such as the bid/ask spread in the foreign exchange market.
Ask Size - The number of shares a seller is willing to sell at his/her ask rate.

Ask Price/ Ask Rate
The price at which a currency is offered for sale (as in bid/ask spread).
Ask Size ...

Ask Rate : See Ask Price.
Ask Size : The amount of shares being offered for sale at the ask rate.
Asset : An item having commercial or exchange value.
Asset Allocation : Investment practice that distributes funds among diffe...

For example: the EUR/USD bid/ask rate is 1.2100/1.2200. The market maker gives $1.21 when buying from the trader, but takes $1.22 when selling to the trader. If traders buy and sell immediately without any change in the exchange rate, they lose money.

Ask Rate: Rate at which non-market makers can buy a specific currency.
Asset Allocation: Investment practice that divides funds among different markets to achieve diversification for risk management purposes.

The interbank quotation of bid and ask rates for USDDEM and USDJPY shows a usual spread of 3 base points (BP), i.e. 1.5560-1.5563 DM or 104.30 to 104.33 YEN per US$. Given an exchange rate of 1.

Just substitute the current bid or ask rate for the action you will take when closing out the position. For example, if you bought Euros at 1.2178 and the current bid rate is 1.2173, you have an unrealized loss of $50.

Ask - The price at which a financial instrument is offered for purchase. Also called the offer, ask price or ask rate.
Aussie - The Australian dollar, which has an ISO currency code of AUD.

Ask: The price at which a currency pair is offered for sale. This is also known as the 'offer', 'ask price', and 'ask rate'.

You would only be able to sell back the yen to the broker at the ask rate, garnering 99.94 USD. Thus, the transaction, in effect, has a cost of .06 USD since no economic or financial conditions have changed in the timeframe of that trade.

See also: Ask, Transaction, Currency, Rate, Spread