Narrowing the Spread

Narrowing the Spread Reducing the spread between the bid price and the asked price. Let us suppose that a jobber asks Rs 92 for a share and bids Rs 90 for it. His spread is Rs 2. If subsequently he revises his asking price to Rs 91.50 and his bid to Rs 90.50, he had narrowed his spread from RS 2 to Re 1

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