Market Making
Quotes and Spreads
Easy
Half-Spread in Basis Points
At bid/ask , what is the half-spread, in price units and in basis points of the midpoint?
Quant interview-style problem · QS-MM-010
Question 17 of 62
At bid/ask , what is the half-spread, in price units and in basis points of the midpoint?
Think first. Use hints deliberately. Study the reasoning only when you need it.