In the NASDAQ market,the difference between the bid and asked price is the spread representing the profit the dealer earns by making a market.

Question

Quizplus · Accepted Answer

This is true. The bid price is the highest price a buyer is willing to pay for a stock, while the asked price is the lowest price a seller is willing to accept for the same stock. The difference between these two prices is the spread, which represents the profit the dealer earns by making a market.

In the NASDAQ Market,the Difference Between the Bid and Asked