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Topical Terminology > 6 Bid At 7



1 Definition

6 Bid At 7

For 6 Bid At 7 we have a term and definition in Derivatives.



6 Bid At 7 (Derivatives)

Floor trader language meaning that the trader is making a market, bidding 6 and offering at 7 or 6/32nds and 7/32nds, etc. (Source: Charles di Francesca, as quoted by William D. Falloon in "God Doesn't Trade Bonds," Derivatives Quarterly, Fall 1999.)




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