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Trading Glossary

Ask

Basics

What it means

The lowest price a seller is currently willing to accept. It is the price you pay if you buy right now.

Example

If AAPL shows an ask of $150.05, a buyer using a market order to buy 1 share pays $150.05 per share.

Mistake beginners make

Beginners assume the price on the screen is what they pay, then are surprised the fill comes in at the ask, which is always slightly higher than the mid price they were watching.

Related terms

  • Bid — The highest price someone is currently offering to pay for an asset. It is the price you g…
  • Spread — The gap between the bid (best buy price) and the ask (best sell price). It is a hidden cos…

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