Definition of Wide prices

a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search


TeachMeFinance.com - explain Wide prices




historic definition...

Wide prices -- Prices that are not near together; that are wide apart. The term applies when a bid and an asked price are separated by 1 or 2 per cent or more instead of by a fraction, as, for instance, 100 bid and 105 asked. Again, the term applies to fluctuations in a stock or a commodity in which the fluctuations are large (wide). The term also applies when transactions occur simultaneously in a stock or a commodity at prices wide apart (widely separated). Also see Wide opening. The opposite of wide prices is close prices ; see Close prices. The term wide price as used on the London Stock Exchange means that the price at which a jobber (practically a wholesaler) will sell a stock is widely different from the price at which he will buy the same stock. See Jobber.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.