Why do they have such a spread?
I was trading RIO(UK) last week, and suddenly there was a 30 point spread.
Bid price was 2625, and offer wad 2655. I dodnt know what the current price was because CMC's platform doesn't show it.
Say I waanted to buy at 2630, what bid should I put it? I tried putting 2630, but when the price went up to 2635, my order still didnt trigger!