ask

(noun)

The submitted price at which the trader is willing to sell.

Related Terms

  • bid price
  • bid
  • bid-ask spread
  • liquidity

Examples of ask in the following topics:

  • Market Maker

    • Market makers provide liquidity to securities markets by submitting both bids and asks on a security.
    • The difference between the highest bid and the lowest ask price is called the bid-ask spread .
    • Market makers are a company or individual that quotes both an ask price and a bid.
    • It is the bid-ask spread that provides the money-making opportunity.
    • There is a bid-ask spread of $1.10.
  • Social Networking Services

    • One good example: LibreOffice's "@AskLibreOffice" tweet stream at twitter.com/AskLibreOffice.
    • See also ask.libreoffice.org.
  • The MKO

    • She then decides to ask a series of MKOs how they bake cookies.
    • She asks first her parents, followed by one of her friends.She then decides to ask her teacher, and then use the computer as a resource.Using the steps she gathered from others she is able to figure out how to bake the cookies.Concept and Creation developed by Yun-Shuang Chang, Hiliary Johnson, and Yi-Wen Tan (2005).
    • She then decides to ask a series of MKOs how they bake cookies.
    • She asks first her parents, followed by one of her friends.
    • She then decides to ask her teacher, and then use the computer as a resource.
  • Levels of measurement: Binary, signed, and valued graphs

    • In describing the pattern of who describes whom as a close friend, we could have asked our question in several different ways.
    • If we asked each respondent "is this person a close friend or not," we are asking for a binary choice: each person is or is not chosen by each interviewee.
    • But, we could have asked the question a second way: "for each person on this list, indicate whether you like, dislike, or don't care. " We might assign a + to indicate "liking," zero to indicate "don't care" and - to indicate dislike.
    • Yet another approach would have been to ask: "rank the three people on this list in order of who you like most, next most, and least. " This would give us "rank order" or "ordinal" data describing the strength of each friendship choice.
    • Lastly, we could have asked: "on a scale from minus one hundred to plus one hundred - where minus 100 means you hate this person, zero means you feel neutral, and plus 100 means you love this person - how do you feel about...".
  • Miscellaneous tips

  • Questioning Vignette

    • One pig is asking a fact question: What material did he use?
    • The second pig is asking a reflective question: Why did he use bricks?
    • One pig is asking a fact question: ?
    • The second pig is asking a reflective question: ?
    • The third pig is asking an evaluative question: ?
  • Interview Conduct

    • Listen to your interviewee, ask questions, respect boundaries, avoid leading questions, and don't interrupt to ensure a successful interview.
    • Additionally, it is important that an interviewer ask clarifying questions when they are confused.
    • It is instead preferable that interviewers ask open-ended questions.
    • For example, instead of asking “Did the experience make you feel sad?”
    • , it would be better to ask “How did the experience make you feel?”
  • Calculating Values for Fractional Time Periods

    • If the problem asks you to find the value at June 1, 2014, there is a bit of a conundrum.
    • The question could ask for the future value, present value, etc., or it could ask for the future balance, which have different answers.
    • If the problem asks for the future value (FV) or present value (PV), it doesn't really matter that you are dealing with a fractional time period.
    • The question could alternatively ask for the balance of the account.
    • Even if interest compounds every period, and you are asked to find the balance at the 6.9999th period, you need to round down to 6.
  • Practice: Geometric Distribution

    • Suppose that you randomly select freshman from the study until you find one who replies "yes. " You are interested in the number of freshmen you must ask.
    • On average(µ), how many freshmen would you expect to have to ask until you found one who replies "yes?
    • What is the probability that you will need to ask fewer than 3 freshmen?
  • Ensuring that proper goals and objectives are established

    • (Email correspondence with Ken Tannenbaum [formerly] of Dow Chemical) Excluding input from any one of these groups was seen as asking for trouble – something the Monsanto corporation discovered only too well during the 1990s.
    • This seemed to be an admirable objective from the viewpoint of business administrators; however, the company started developing genetically modified seeds to achieve its aims without first asking its customers what they thought about this plan.
    • In other words, by giving its customers what it thought they wanted instead of asking what they actually wanted, Monsanto set off in the wrong direction and paid a heavy price for it.
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