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The amount of money in an account at the start of a business day, including all deposits, withdrawals and/or other cash and cash equivalents (= credits minus debits).

The ask price, also known as the “offer” price, will almost always be higher than the “bid” price (= the highest price a broker is willing to pay to buy a security at any given time).

Brokerage firms typically make money on the difference between the bid price and the ask price.

This difference is called the “ask-bid spread.” A type of chart, widely used by traders and financial professionals, which is represented by horizontal rectangular bars with lengths proportional to the magnitudes of what they represent.

The top of the bar is the highest point the price reached during a defined period and the bottom of the bar is the lowest.

A dash on the left-hand side of the bar denotes the opening price and a dash on the right-hand side the closing price for that period.

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