Tight(redirected from ran a tight ship)
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In line with or extremely close to the inside market or last sale in a stock (+/- 1/8). On the money.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A market or security with high trading volume and a small bid-ask spread. However, an investor can profit in a tight market, especially if he/she trades large numbers of securities. When the bid-ask spread is narrow, an investor may have difficulty making more than a small return for each trade, but sheer numbers can make returns add to a substantial amount.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved