close
    what does pip mean concerning stocks

    0  Views: 368 Answers: 1 Posted: 13 years ago

    1 Answer

    The smallest price change that a given exchange rate can make. Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point - for most pairs this is the equivalent of 1/100 of one percent, or one basis point.



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    qq88fan
    Answers: 0 Views: 1 Rating: 0
    qq88fan
    Answers: 0 Views: 2 Rating: 0
    br68.com
    Answers: 0 Views: 5 Rating: 0
    Hoàng Đức Nam
    Answers: 0 Views: 3 Rating: 0
    789win
    Answers: 0 Views: 6 Rating: 0
    mobilbahisgirislink
    Answers: 0 Views: 6 Rating: 0
    688betcomcombr
    Answers: 0 Views: 9 Rating: 0
    158betappcombr
    Answers: 0 Views: 7 Rating: 0
    > More questions...
    486564
    questions
    724429
    answers
    817544
    users