The current spread on Card Factory (LON:CARD) is quoted at 83.6p - 87.9p.
Anybody got any thoughts / insights as to why it is so wide?
The stockreport says that the spread is 11 bps ie 0.11%. I can't see any reason for such a wide spread as you indicate. Have you tried doing a "dummy" trade? Ie ask for a market price as though you were going to go ahead with a trade. But you don't actually go through with the trade. Perhaps the actual trading spread is less than your broker is initially suggesting. Or perhaps your broker's approach is make profit as much as possible from a wide spread.
