The bid/ask spread for small retail transactions is commonly in the range of ______ percent;the bid/ask spread for wholesale transactions is commonly in the range of ______ percent.

Question

Quizplus · Accepted Answer

The bid/ask spread for small retail transactions is typically wider, ranging from 3 to 7 percent, due to lower volume and higher transaction costs. For wholesale transactions, the spread is narrower, often between 0.01 to 0.03 percent, due to higher volume and lower relative costs.

The Bid/ask Spread for Small Retail Transactions Is Commonly in the Range