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