How large are the bidask spreads in the spot market? What is their purpose?

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How large are the bid–ask spreads in the spot market? What is their purpose?

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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Question Posted: May 28, 2012 03:46 AM

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How large are the bidask spreads in the spot market? What is their purpose?

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The purpose of the bidask spread is to allow traders to pro...View the full answer

International Financial Management

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