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On the other hand, a spread of a penny a share means that a buyer pays only $10 more to buy 1,000 shares than the seller receives.
Because a trader sets the price for over-the-counter trades based on a spread of a few decimal points around a stock's market value, there is scope to create a margin.
But if you have been reading the magazine lately, you might have been surprised to find headlines like this one in the December issue, over a spread of a model wearing nothing but a garland of flowers: "What a gorgeous lei".
The SPDR S&P 500 trades at a spread of a penny, or 0.01%.
Last year GM sold 4.6 million cars and trucks in the U.S. to Ford's 3.9 million, a spread of a mere 700,000 (albeit one temporarily narrowed by the GM strike).
By posting bids and offers for the same securities simultaneously, they are able to scoop up a spread of a tenth or a hundredth of a penny per share thousands of times a day while limiting the capital at risk.
Similar(49)
The cycling pattern of frequencies of both alleles and parasites due to host-parasite coevolution can lead to a spread of an advantageous and formerly rare allele until the parasite evolves to avoid it [ 67].
Imagine a spread of loose photographs extracted from an envelope that arrived in the morning mail.
It is another vigorous plant, growing to a height of 5ft and a spread of 7ft.
Mountain lover is only a foot high and has a spread of three to four feet.
Here was a heap of tires; there, a spread of wheel suspensions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com