In the olden days of aggressive bank intermediation of financial markets (roughly, < 2013), the buyside trader on the other end might ask 4-6 banks for a two-way market in that option, assess the "inside bid/ask spread" (best bid versus best offer)...https://twitter.com/ONAN_OUS/status/1491271344558063616 …
-
-
This is still a thing in a lot of OTC products...
-
yea, though generally banks' interest in getting comped out 6 ways by aggressive relative value hedge funds is much more limited than it used to be :)
End of conversation
New conversation -
-
-
It could happen on single stocks long term expiry
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.