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Internet Message Format  |  1992-11-17  |  769 b 
  1. Path: sparky!uunet!news.tek.com!gvgpsa!gold.gvg.tek.com!psdcae1!johna
  2. From: johna@psdcae1.gvg.tek.com (John Abt)
  3. Newsgroups: misc.invest
  4. Subject: Re: Bid / Ask difference
  5. Message-ID: <5606@gold.gvg.tek.com>
  6. Date: 17 Nov 92 00:20:47 GMT
  7. References: <BxK5yH.C5w@cs.uiuc.edu> <1992Nov11.214917.11175@cbnews.cb.att.com> <1992Nov12.150819.29246@Happy-Man.com>
  8. Sender: news@gold.gvg.tek.com
  9. Distribution: usa
  10. Organization: Grass Valley Group, Grass Valley, CA
  11. Lines: 9
  12.  
  13. I've been wondering about the bid/ask process - what's the algorithm?
  14. How are the bid/ask prices set? I assume that multiple bids and offers to
  15. sell are normally present - all with possibly different prices.
  16.  
  17. Is the NASDAQ different (other than being computer based)?
  18.  
  19. Any book recommendations?
  20.  
  21. John Abt
  22.