Liquid market and Pip: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Remove surplus text.) |
imported>Doug Williamson (Add link.) |
||
Line 1: | Line 1: | ||
1. | |||
The most junior digit in a foreign currency quotation. | |||
2. | |||
More generally, a minimum price movement for any quoted instrument or asset. | |||
[[ | |||
[[ | The term 'pip' is an abbreviation of 'price interest point'. | ||
[[Category: | |||
== See also == | |||
* [[Basis point]] | |||
* [[Points]] | |||
[[Category:Manage_risks]] |
Revision as of 09:33, 12 June 2016
1.
The most junior digit in a foreign currency quotation.
2.
More generally, a minimum price movement for any quoted instrument or asset.
The term 'pip' is an abbreviation of 'price interest point'.