What is a quote?

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A quote is the current price at which a financial asset, such as a stock, currency, or commodity, can be bought or sold in the market. It reflects the most recent price agreed upon by buyers and sellers.

 

 

 

A quote shows the latest market price of a financial instrument.

 

Quotes usually consist of two prices: the bid price and the ask price. The bid is the highest price a buyer is willing to pay, while the ask is the lowest price a seller is willing to accept. The difference between these two prices is called the spread. Quotes change continuously during trading hours as new orders enter the market.

 

 

 

 

 

 

 

 

 

 

Short example:

 

Suppose a stock has a quote showing a bid price of $49.90 and an ask price of $50.00.

 

A buyer willing to purchase immediately would pay the ask price of $50.00.

 

A seller wanting to sell immediately would receive the bid price of $49.90.

 

 

Disclaimer: Investing brings risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. Therefore, they are for educational purposes only. 

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