Trade Price

Trade price is the price at which the security is traded (i.e., purchased or sold) at any given time. This price is the one which is updated online every minute. 

In order to derive an optimal trade price, both buyer and seller must agree mutually on a fixed price. The price at which a buyer agrees to buy the stocks is known as “bid-price”, whereas, the price at which a seller agrees to sell is known as “offer-price”. When the buyers increase their bid price, the trade price of the stock rises and when the sellers decrease their offer price, the trade price of the stock decreases.