Pip: Difference between revisions
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imported>Doug Williamson m (Change to Wiki numbering and categorise page.) |
imported>Doug Williamson (Expand. Source: Stephan Smith http://stephansmithfx.com/explanations/price-interest-point/) |
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#More generally, a minimum price movement for any quoted instrument or asset. | #More generally, a minimum price movement for any quoted instrument or asset. | ||
The term 'pip' is an abbreviation of 'price interest point'. | |||
== See also == | == See also == | ||
* [[Basis point]] | * [[Basis point]] | ||
[[Category:Manage_risks]] | [[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'.