Best Bid

From Open Risk Manual

Definition

Best Bid. Highest bid price for the stock

Always based on a quote (not a trade) and is measured across markets, not just on the one market. Takes into account time and quote size. Real time price based on latest quotes and their sizes.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.