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Exact(44)
"There is a big spread between the bid and asked price, and we are not seeing many transactions".
"It became clear there was a difference between the bid and ask," he said, using stock trader terms.
The tactic worked best in relatively illiquid stocks with large spreads between the bid and asked price.
As in other fields, technology has reduced costs, in particular the spread between the bid and offer prices.
But she said that the New York Stock Exchange should examine the spreads in its electronic trades — the difference between the bid and ask prices when transactions occur.
In a separate investigation, the ethics committee found insufficient evidence of collusion between the bid teams of Spain-Portugal 2018 and Qatar 2022.
Similar(16)
The difference between the bids now is marginal, Mr. Godsell said, adding that Normandy's response "is potentially misleading" for its shareholders".
A 4percentt increase in AngloGold's shares and an 11percentt drop in Newmont's has narrowed the difference between the bids.
In this case, there was five or six or seven minutes between the bids, which creates a different dynamic in terms of decision-making.
If that's the way our public services are to be conducted, we need to be able to prove it, and draw a consequential line between the bidding process and the erosion of a mixed market.
With little difference in value between the bids from First Union and SunTrust, some analysts and traders are leaning in favor of First Union's offer, in part because the recent history of hostile bank deals has made them wary.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com