A price quote that includes both a bid and an ask (offer) price simultaneously, allowing a counterparty to either buy or sell at the quoted prices. Two-way pricing is the standard in liquid markets such as forex, where market makers are obligated to provide both sides of the quote. The difference between the bid and ask is the spread, which represents the market maker's compensation for providing liquidity.
Example
“The broker displayed a two-way price of 1.0850/1.0853 for EUR/USD, meaning clients could sell at 1.0850 or buy at 1.0853.”