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TeachMeFinance.com - explain Wide prices historic definition...
Wide prices -- Prices that are not near together; that are
wide apart. The term applies when a bid and an asked price
are separated by 1 or 2 per cent or more instead of by a
fraction, as, for instance, 100 bid and 105 asked. Again, the
term applies to fluctuations in a stock or a commodity in
which the fluctuations are large (wide). The term also applies
when transactions occur simultaneously in a stock or a
commodity at prices wide apart (widely separated).
Also see Wide opening.
The opposite of wide prices is close prices ; see Close prices.
The term wide price as used on the London Stock Exchange
means that the price at which a jobber (practically a wholesaler)
will sell a stock is widely different from the price at
which he will buy the same stock. See Jobber.
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