javasaurus (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
javasaurus) wrote2008-10-02 01:23 pm
javasaurus) wrote2008-10-02 01:23 pm
stock question
Any stock gurus out there?
Occassionally in a volatile market, you see a "buy" price that is significantly higher than a "sell" price -- suppose you want to sell you shares of XYZ at $5, and I want to buy them at $6. In such cases, which price is used? I believe that it is different if the stock is traded on the NYSE or Nasdaq.
Occassionally in a volatile market, you see a "buy" price that is significantly higher than a "sell" price -- suppose you want to sell you shares of XYZ at $5, and I want to buy them at $6. In such cases, which price is used? I believe that it is different if the stock is traded on the NYSE or Nasdaq.