The difference between bid (buying)rates and ask (selling)rates is called the

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The difference between bid rates and ask rates is called the spread. This represents the profit made by the market maker or broker facilitating the trade. Arbitrage refers to the practice of taking advantage of price differences in different markets to make a profit, while a forward transaction involves an agreement between two parties to buy or sell an asset at a future date and a predetermined price.

The Difference Between Bid (Buying)rates and Ask (Selling)rates Is Called