The gross profit generated for the dealer in a Treasury security transaction is measured by the:

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The gross profit generated for the dealer in a Treasury security transaction is measured by the bid-ask spread. The bid-ask spread is the difference between the bid price (the price dealers are willing to pay for a security) and the ask price (the price dealers are willing to sell a security for). The dealer's gross profit is determined by the difference between the bid and ask price, as they buy securities at the bid price and sell them at the ask price.

The Gross Profit Generated for the Dealer in a Treasury