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FX Trading
Mid-Market Rate
The average of the bid and ask prices of a currency pair at a specific point in time.
Simple Example
: If the bid price for EUR/USD is 1.0900 and the ask price is 1.1000, the mid-market rate would be 1.0950.
Numerical Breakdown
:some text
Bid Price: 1.0900
Ask Price: 1.1000
Mid-Market Rate: 1.0900+1.10002=1.0950\frac{1.0900 + 1.1000}{2} = 1.095021.0900+1.1000=1.0950
