Pip: Difference between revisions

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imported>Doug Williamson
(Expand. Source: Stephan Smith http://stephansmithfx.com/explanations/price-interest-point/)
imported>Doug Williamson
(Add link.)
 
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#The most junior digit in a foreign currency quotation.
1.
#More generally, a minimum price movement for any quoted instrument or asset.
 
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'.
The term 'pip' is an abbreviation of 'price interest point'.


== See also ==
== See also ==
* [[Basis point]]
* [[Basis point]]
* [[PIP]]
* [[Points]]


[[Category:Manage_risks]]
[[Category:Manage_risks]]

Latest revision as of 14:38, 28 September 2022

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'.


See also