close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. what does pip mean concerning stocks
    what does pip mean concerning stocks

    Answer this
    0  Views: 357 Answers: 1 Posted: 13 years ago
    Comment this question

      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.

      13 years ago. Rating: 0
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1101K
         
        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

        tk88ibet
        Answers: 0 Views: 5 Rating: 0
        fun97me
        Answers: 0 Views: 1 Rating: 0
        fun97me
        Answers: 0 Views: 1 Rating: 0
        fun97me
        Answers: 0 Views: 1 Rating: 0
        tk88ibet
        Answers: 0 Views: 1 Rating: 0
        OK9
        Answers: 0 Views: 3 Rating: 0
        8xbetvntoday
        Answers: 0 Views: 5 Rating: 0
        88betcfd
        Answers: 0 Views: 6 Rating: 0
        > More questions...
        466804
        questions
        722290
        answers
        785942
        users