Timeline for Why is the buy price different from the sell price of a stock?
Current License: CC BY-SA 3.0
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| Apr 29, 2011 at 17:21 | history | edited | Tim Santeford | CC BY-SA 3.0 |
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| Apr 29, 2011 at 16:49 | comment | added | Tim Santeford | You can determine a selling price by setting a limit order. You will get your ask price then provided the bid price rises to your limit. But if you just sell with a market order then the market picks the bid-ask based on supply and demand. | |
| Apr 29, 2011 at 16:38 | history | edited | Tim Santeford | CC BY-SA 3.0 |
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| Apr 29, 2011 at 16:34 | comment | added | Tim Santeford | Well if its a open market order then the buyer will pay the ask regardless of the spread. If its a limit order then the buyers order is held until the ask is < or = to the limit. | |
| Apr 29, 2011 at 16:30 | comment | added | Victor123 | But unless those two are equal, the deal will never be made...right? And as a seller, how come I do not get to determine the price? | |
| Apr 29, 2011 at 16:27 | history | answered | Tim Santeford | CC BY-SA 3.0 |