Spread

1. Definition

Spread is the difference between the Ask price (Buy price) and the Bid price (Sell price) of an instrument at a specific moment.

Spread represents the immediate transaction cost paid by the client when opening a position.

2. Formula

Spread = Ask - Bid

Where:

• Ask — price displayed in the Buy button

• Bid — price displayed in the Sell button

3. Example

Spread is measured in the instrument price unit.

For instruments quoted against USD (e.g. USOUSD, WTI, BRENT, BTCUSD):

Unit = USD

Example:

Ask = 72.68
Bid = 72.36

Spread = 72.68 - 72.36 = 0.32

Result: 0.32 USD

4. Configuration

Spread is configurable per symbol in CRM.

Location:

(CRM_URL)/ms/trading/configuration

Configuration is done separately for each symbol.

Field:

Spread

Example (from USO/USD configuration):

• Spread = 0.32