Examples of Limit Bid in a sentence
Limit Bid: Limit bid is at the Limit Price, which is the maximum price an investor is willing to pay for a specified number of shares.
If the Open Interest is an offer to sell Deliverable Obligations, then any Limit Bid that would otherwise be at a price above the Initial Market Midpoint plus the Cap Amount shall be deemed to be at a price equal to the Initial Market Midpoint plus the Cap Amount.
In case of Limit Bid the minimum size of the bid is not less than PKR 1,000,000/- (one million rupees) and in case of a Step Bid, the amount of any step shall not be less than PKR 1,000,000/- (one million rupees).
If the Open Interest is an offer to sell Deliverable Obligations, then any Limit Bid that would otherwise be at a price above the Inside Market Midpoint plus the Cap Amount shall be deemed to be at a price equal to the Inside Market Midpoint plus the Cap Amount.
Limit Bid: Limit bid is at the Limit Price, which is the maximum price an investor is willing to pay for a specified number of shares.Step Bid means a series of Limit Bids at increasing prices provided that bid amount of any step is not less than Rs. 100,000.iii.
If the Open Interest is an offer to sell Deliverable Obligations, then any Limit Bid which would otherwise be at a price above the Inside Market Midpoint plus the Cap Amount shall be deemed to be at a price equal to the Inside Market Midpoint plus the Cap Amount.
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If investors are placing their bids as a Limit Bid, then they shall deposit the Margin Money based on the number of shares they are bidding for at their stated bid price.For instance, if an investor is applying for 1 Million shares at a price of PKR 38.00/- per share, based on which the total Application Money would amount to PKR 38 million.
Since the Bidder has placed a Limit Bid of PKR 38.00/- per share, this indicates that he / she / it is willing to subscribe the shares at a price up to PKR 38.00/- per share.
If investors are placing their bids as a Limit Bid then they shall deposit the Margin Money based on the number of shares they are bidding for at their stated bid price.