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Frequently if the bid is say 40.10 and the ask is 40.09, the mark is shown as 40.095. Not sure if that's why they have hundredths, or just to support those lega
by ed312 5y ago
Frequently if the bid is say 40.10 and the ask is 40.09, the mark is shown as 40.095. Not sure if that's why they have hundredths, or just to support those legacy cases of odd fractions.
- luckman212 5y agoNitpick: I think you meant bid 40.09 x 40.10 ask. Otherwise you'd have a crossed market or a trade executed.