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    3. what does pip mean concerning stocks
    what does pip mean concerning stocks

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    0  Views: 434 Answers: 1 Posted: 14 years ago
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      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.

      14 years ago. Rating: 0
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