M mcharlton Junior member Messages 24 Likes 0 Jun 16, 2004 #1 Quick question... When Buying and selling through direct access on the FTSE... how close can you buy at bid and sell at ask...? (realisticly...) ie making the spread work with you.. Thanks in advance to all who answer.... Cheers...
Quick question... When Buying and selling through direct access on the FTSE... how close can you buy at bid and sell at ask...? (realisticly...) ie making the spread work with you.. Thanks in advance to all who answer.... Cheers...
O oatman Senior member Messages 2,879 Likes 22 Jun 16, 2004 #2 Ftse future is usually quoted .5 You can quite easily buy the bid and sell at the offer.
M mcharlton Junior member Messages 24 Likes 0 Jun 16, 2004 #3 thanks for your reply... excuse my ignorance but what do you mean by 'Ftse future is usually quoted .5' ???
thanks for your reply... excuse my ignorance but what do you mean by 'Ftse future is usually quoted .5' ???
O oatman Senior member Messages 2,879 Likes 22 Jun 16, 2004 #4 The price you can trade at. ie. 4485 bid 4485.5 offered. That's the minimum movement.
M mcharlton Junior member Messages 24 Likes 0 Jun 16, 2004 #5 oky... got what you mean... also how about actually shares in the FTSE 100 and 250... are these as easy to buy in the same way and capture the spread...?
oky... got what you mean... also how about actually shares in the FTSE 100 and 250... are these as easy to buy in the same way and capture the spread...?
O oatman Senior member Messages 2,879 Likes 22 Jun 16, 2004 #6 I don't trade shares but I suspect it'd be more difficult. It depends on the liquidity of a particular share.
I don't trade shares but I suspect it'd be more difficult. It depends on the liquidity of a particular share.
CityTrader Established member Messages 666 Likes 26 Jun 16, 2004 #8 The average spread in FTSE 100 stocks will be available from the LSE- I "think" it's about 40 bp....
