CoachA large-tick asset is one whose spread is one tick almost all the time: the tick binds, and liquidity providers who would quote a narrower spread cannot. A small-tick asset has a spread of several ticks and a sparse book: the tick hardly constrains prices.
Quantitative Finance · Begrippenlijst
Wat is Large-tick and small-tick assets?
Ook bekend als: large-tick asset · small-tick asset