Mid Price

The Mid Price is the exact mid-point between the quoted Bid Price and Ask Price for a security. It can differ considerably from the Last Price as the last trade may have been higher (at the ask) or lower (at the bid).

Stockopedia explains Mid

While you cannot trade at the Mid Price many investors treat it as a proxy for the actual price of a security. For some investors it is a more popular quote than the Last Price.

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