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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Best bid and offer

Trading & orders
Also called: Best bid and ask, National best bid and offer, NBBO

The highest price anyone is bidding and the lowest anyone is offering at a given moment.

In plain terms

In the United States the best quote across venues is protected by rule. India has no such rule — where an order goes between exchanges is set by your broker’s routing policy.

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Indian stock market glossary · Market Vidyalaya