| Ask | Issuers continually post prices at which they will buy or sell their own products, thereby ensuring the tradability of those securities even if there is little or no turnover taking place otherwise in the marketplace. At the current "ask" price, you can buy a structured product such as a warrant or certificate from the issuer at any time during its term to maturity (exception: the issue is totally sold out). In most instances, the ask price is somewhat higher than the bid price. |