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Basic Concepts V: Spreads
In margin forex trading, there are two prices for each currency pair, a "bid" (or sell) price and an "ask" (or buy) price. The bid price is the rate at which traders can sell to the executing firm, while the ask price is the rate at which traders can buy from the executing firm.
Submitted by: Actionforex Posted on: April 17,2007
 
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