Liquidate and Pip: Difference between pages
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imported>Doug Williamson (Corrected text) |
imported>Doug Williamson (Expand. Source: Stephan Smith http://stephansmithfx.com/explanations/price-interest-point/) |
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#The most junior digit in a foreign currency quotation. | |||
#More generally, a minimum price movement for any quoted instrument or asset. | |||
The term 'pip' is an abbreviation of 'price interest point'. | |||
== See also == | |||
* [[Basis point]] | |||
[[Category:Manage_risks]] | |||
Revision as of 18:57, 8 January 2016
- The most junior digit in a foreign currency quotation.
- More generally, a minimum price movement for any quoted instrument or asset.
The term 'pip' is an abbreviation of 'price interest point'.