What is Bid-Ask Spread? | SIE, SERIES7, SERIES65, SERIES66 Exam Prep

The bid-ask spread is the difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask), representing a transaction cost and liquidity indicator. 📚 Learn more about Bid-Ask Spread and other key terms for your SIE, SERIES7, SERIES65, SERIES66 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES7, SERIES65, SERIES66 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Bid-Ask Spread definition: https://www.open-exam-prep.com/glossary/bid-ask-spread 💡 Exam Tip: Bid = what buyers pay (lower). Ask = what sellers want (higher). Spread = transaction cost. Wider spread = less liquid. --- #securities #examprep #financeexam #sie #series7 #series65 #series66