P propseeker Apr 26, 2013 #11 Quote from mydann: What do you mean 'tighter'? It means smaller bid/ask spread on opening and closing? More... i mean more efficient. where things quote, where things print, are much more tightly coupled to their theoretical fair value. not necessarily smaller spreads, but for sure those have come in as well.
Quote from mydann: What do you mean 'tighter'? It means smaller bid/ask spread on opening and closing? More... i mean more efficient. where things quote, where things print, are much more tightly coupled to their theoretical fair value. not necessarily smaller spreads, but for sure those have come in as well.
