n NISM Certifications
NSM General NISM
Medium

The 'Bid-Ask Spread' in a currency market indicates:

Practice question from NISM Series I - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The difference between the highest bid and lowest ask price

    Correct answer

  2. B

    The total volume of trades in a day

  3. C

    The difference between the spot and forward rates

  4. D

    The transaction cost involved in currency trading

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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