The bid-ask spread eists because of ___. A. market inefficiencies B. disc
The bid-ask spread exists because of ___. A. market inefficiencies B. dis
这个时候相当于你花了比实际价值略高的价格来买入一颗菜，这个价格差就是你cross了一半的spread。
在高频交易的领域中，理解crossthebid-askspread至关重要。简言之，bid-askspread是指市场上的买入价与卖出价之间的差额。这个差额体现了市场上的流动性成本，即进行交易时的成本。以做市商的角色为例，他们扮演着市场流动性的提供者，通过买入低价位的资产和卖出高价位的资产，从中赚取差价。这个过程类似...
This paper studies the effect of the bid-ask spread on asset pricing. We analyze a model in which investors with different expected holding periods trade assets with different relative spreads. The resulting testable hypothesis is that market-observed expexted return is an increasing and concave fu...
1. What is the bid-ask spread? The bid-ask spread represents the difference between the highest price a buyer is willing to pay (the bid price) and the lowest price a seller is ready to accept (the ask price). An asset with a smaller bid-ask spread generally indicates higher demand....
Summary The bid/ask spread is how market makers make their money, and some of them have made a ton of it. The last traded price is just the beginning and when it's actually time to execute a trade, one is faced with two prices, the bid price and the ask price. The bid price is...
We find that most of the factors affecting the size of the bid--ask spread for covered warrants are common to those affecting the bid--ask spread of regular options (such as hedging costs and order processing costs). However, we also find two results that are specific to covered warrants....
The bid-ask spread is essentially anegotiationin progress. Traders must be willing to take a stand and walk away in the bid-ask process through limit orders if they want to be successful. Traders are essentially confirming another trader's bid and creating a return for that trader byexecuting...
Spread Considerations Many things canimpact the bid-ask spread. These include overall market volatility, liquidity of the security, and the type of orders being placed. The following points should be considered when it comes to bid-ask spreads: ...