The bid price is the highest price a prospective buyer is willing to pay for a security. When you are selling a security using a Market Order, you will typically receive the bid price. The gap between the bid price and the Ask Price is the Spread.
The bid price is the highest price a prospective buyer is willing to pay for a security. When you are selling a security using a Market Order, you will typically receive the bid price. The gap between the bid price and the Ask Price is the Spread.