At posting Finspreads is quoting 846.2-848.4 for GLH rolling- 2.2. It has had a spread of around 5 points this morning.
VOD has, also, settled around a 0.5 points spread after having been wider.
What should be read into spreads that narrow like that? Is it that FS doesn't know which way the share is going to go? Or is it what normally happens when there is a balance of buyers and sellers?
Split
VOD has, also, settled around a 0.5 points spread after having been wider.
What should be read into spreads that narrow like that? Is it that FS doesn't know which way the share is going to go? Or is it what normally happens when there is a balance of buyers and sellers?
Split
