Bid Wanted

Bid Wanted - The bid wanted is a price request by a specific holder of a security who wants bid offers from other investors. Generally, this specific holder is seeking offers from other brokerages, brokers and dealers, as opposed to the public, in general. Usually bid wanted requests occur during active markets that are rising, or increasing, instead of active markets that are falling, or declining. The majority of bid wanted quotes are noted by BW on the stock market sheet, so that investors can readily identify the security and make offers on the specific security to the holder who is offering it.