Right-Hand Side (RHS)
The ask/offer side of a two-way price quote. Buying "on the right" means buying at the ask price.
Definition
Right-hand side (RHS) refers to the ask or offer price in a two-way forex quote. In the standard quote "bid/ask," the ask is on the right. When you buy at the ask price, you're "paying the right" or "dealing on the right-hand side."
How It Works
- Quote: 1.1000/1.1005
- 1.1000 = left-hand side (bid)
- 1.1005 = right-hand side (ask) = price to buy
- "Yours!" in dealing = buying at ask
Trading Tips
1
You always buy on the right and sell on the left
2
The spread (difference) is the market maker's profit
3
Tighter spreads mean lower trading costs
Related Terms
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