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Bid-Ask Spread

The difference between bid and offer prices (ask prices) for securities trading on exchanges or other types of venues. In...

Average Realized Spread

The share-weighted average of realized spreads for order executions, depending on a market's side. For buy orders, it is equal...

Average Effective Spread

The share-weighted average of effective spreads for order executions. For buy orders, it is calculated as double the amount of...

Production

The differential between the price paid to the issuer of a security (stock, bond, etc.) and the price at which...

Gross Underwriting Spread

The differential between the price paid to the issuer of a security (stock, bond, etc.) and the price at which...

Effective/ Quoted Spread Ratio

The ratio of the effective spread (share-weighted average of the execution price and the midpoint of the National Best Bid...

Effective Spread

A spread that is equal to twice the difference between the midpoint of the bid-ask spread and the price paid...

EFQ

It stands for effective spread over quoted spread; the ratio of the effective spread (share-weighted average of the execution price...

Effective Spread Over Quoted Spread

The ratio of the effective spread (share-weighted average of the execution price and the midpoint of the National Best Bid...

Effective Spread

The gross underwriting spread (gross spread) that is adjusted for the impact of a common stock initial public offering's announcement...