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The Ask Price (also called the Offer Price) is the lowest price at which a seller is willing to sell a security in the market at any given moment. It represents the supply side of the market, as opposed to the Bid Price, which reflects the highest price a buyer is willing to pay. The difference between the Ask and the Bid is called the Bid-Ask Spread—a key measure of market liquidity. Narrower spreads indicate higher liquidity, while wider spreads suggest lower liquidity or higher transaction costs for market participants.