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 (Layout.) |
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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'. | The term 'pip' is an abbreviation of 'price interest point'. | ||
== See also == | == See also == | ||
Revision as of 11:49, 13 May 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'.
