Market Making
P&L
Easy
Round Trip Through the Spread
You buy shares at the bid of and immediately resell them at the ask of . Ignoring costs, what is your P&L?
Quant interview-style problem · QS-MM-003
Question 10 of 62
You buy shares at the bid of and immediately resell them at the ask of . Ignoring costs, what is your P&L?
Think first. Use hints deliberately. Study the reasoning only when you need it.