Ask Price

What is the Ask Price? 

The ask price is the lowest price a seller is willing to accept for a financial instrument.

Explanation: 

The ask price is crucial for buyers as it represents the price at which they can purchase the asset. It is typically higher than the bid price, which is the highest price a buyer is willing to pay.

Practical Example of Ask Price: 

If an investor wants to buy shares of a company, they might see an ask price of $50. This means sellers are willing to sell the shares for no less than $50.

‍