特定证券的买卖报价之差。

The difference between the price asked and bid for a particular security.

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我方依据交易程序提供买卖报价，且涉及买价和卖价的价差。

Our bid and offer quotes are subject to the Trading Procedures and involve a spread between buying and selling prices.

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买卖报价价差是微观结构理论中最基础的研究领域，并且贯穿于微观结构理论研究的始终。

Bid ask spread is the most fundamental area of microstructure theory, and it runs through microstructure researching.

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