Market Bid-Ask Spread

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Multi-band:False
Default Value:0
Validation Rule:Any Value
Key Property:No
Description:Market bid-ask spread

Market Bid-Ask Spread sets a threshold that must be met before trades are economic. The price received in for sales into the market is the Price less half the Bid Ask Spread value and the price paid for purchases from the market is the Price plus half the Bid Ask Spread.

Table 1: Bid-Ask Spread Example
Property Value Units
Price 35 -
Bid-Ask Spread 2 -


For the example in Table 1, sales into the market receive 35 - 0.5 x 2 = 34 and purchases are paid at 35 + 0.5 x 2 = 36.

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