cookie

This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.

Allow all
top icon

This website is operated by Moneta Markets Ltd, which is not authorised or regulated by the UK Financial Conduct Authority (FCA) and does not offer or promote services to UK residents. Access to this website is restricted in the UK and the content is not intended for distribution to, or use by, any person located in the UK. If you believe you have reached this website in error, please exit the page now

Hit the Bid

BBack

Back to Glossary

Description

Accepting the highest bid price available for a security.

To ‘hit the bid’ means to sell a security at the highest current bid price offered in the market. This action indicates acceptance of the best available offer to buy, often executed when a seller wants to immediately liquidate a position or when the bid price is deemed satisfactory. It’s a term commonly used in trading environments to describe a quick sale at market rates.

Start Trading in 3 Simple Steps

1
REGISTER

Open a live account and start trading in just minutes.

2
FUND

Fund your account using a wide range of funding methods.

3
TRADE

Access 1000+ instruments across all asset classes

open chat