Linked from

The 10 pages that link to Bid–ask spread, each with the reason it gives.

• Foreign exchange marketRelated: Dealers quote buying and selling prices, and the spread is a basic transaction cost.

• Exchange rateRelated: Currency dealers quote buying and selling rates rather than one identical price.

• Exchange-traded fundRelated: The spread is a direct trading cost when buying or selling ETF shares.

• ArbitrageRelated: A price gap must exceed trading spreads before an arbitrage trade can profit.

• Over-the-counter marketRelated: In dealer-based OTC trading, this spread is a key component of transaction costs.

• Price discoveryRelated: The spread measures disagreement and trading costs around the emerging market price.

• LiquidityRelated: A narrow spread usually signals low trading costs and stronger market liquidity.

• Secondary marketRelated: The spread is a direct cost of executing trades in many secondary markets.

• Stock marketRelated: The spread reveals the immediate cost of trading and the balance of orders.

• Bullion coinRelated: The spread affects the cost of buying and reselling bullion coins.