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Bid-asked spread

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Bid-asked spread
The difference between the bid and the asked prices.

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I think the clearest case for [caring] is the collapse of the bid-asked spread," Whitcomb declares.
The S&P SmallCap 600 Index is comprised of 600 domestic stocks chosen by S&P on the basis of market size, liquidity, bid-asked spread, ownership, share turnover, number of no trade days and industry group representation.
 
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