Bid vs offer and buy vs sell price

Pat38493

If I sell some units of an ETF,how do I estimate the price I will get?

Example - I am looking at the current price of VHYL in Interactive Investor
On my watchlist
Bid 61.26
Offer 61.29
On the details page of the ETF
Sell 61.205
Buy 61.25
(both values lower than the bid/offer pricing).

Does bid/offer means something different to buy/sell or is this a timing issue?  I had previously thought that these were just different terms for the same thing.

Is the lowest of these 4 values the closest to what I will get if I actually sell now?

daveshep26

Pat38493 said:

If I sell some units of an ETF,how do I estimate the price I will get?

Example - I am looking at the current price of VHYL in Interactive Investor
On my watchlist
Bid 61.26
Offer 61.29
On the details page of the ETF
Sell 61.205
Buy 61.25
(both values lower than the bid/offer pricing).

Does bid/offer means something different to buy/sell or is this a timing issue?  I had previously thought that these were just different terms for the same thing.

Is the lowest of these 4 values the closest to what I will get if I actually sell now?

I bought VHYL (during coffee break) at 1115 this morning - the price was 61,249 - my view is mainstream ETFs (etc) have very modest spreads - much less than you can then see effect of within (say) one day's trading later - so I don't agonise -but to answer your question i think the "Buy" and "Sell" figures are correct, that's what I do normally look at - (So I guess the watchlist data probably doesn't apply - perhaps they are non-live data??)

HTH