Wide

opening. In an excited market the opening prices for stocks (or for commodities) may simultaneously be wide apart (widely different) for the same stocks; in such a case it is described as a wide opening. 7 Wide prices. Prices that are not near together; that are. wide apart. The term applies when a bid and an asked price are separated by I or 2 per cent or more instead of by a fraction, as, for instance, 100 bid and 105 asked. Again, the term applies to fluctuations in a stock or a commodity in which the fluctuations are large (wide). The term also applies when transactions occur simultaneously in a stock or a commodity at prices wide apart (widely separated). Also see Wide opening. The opposite of wide prices is close prices; see Close prices. The term wide price as used on the London Stock Exchange means that the price at which a jobber (practically a wholesaler) will sell a stock is widely different from the price at which he will buy the same stock. See Jobber.