GlossaryMarkets & assets

Mid-price

The value halfway between the current bid and ask prices. Platforms may use it for charting, strike selection, or settlement.

Do not confuse

Common comparison error

Mid-price is calculated halfway between bid and ask; it is not the last trade, a directly executable quote, or automatically the settlement price.

Practical use

How to verify Mid-price

Read Mid-price together with Ask price, Bid-ask spread, Last traded price. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

With bid 1.08496 and ask 1.08508, the mid-price is 1.08502. The ticket records whether that midpoint is used only for the chart or also for strike and settlement.

Evidence path

Where to verify Mid-price

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Symbol information and market scheduleMatch the symbol to its underlying market, price source, trading hours, weekend treatment, and settlement availability.

Broker platform recordCompare the platform symbol and timestamp with the named market or provider instead of relying on the asset label alone.