clarification of retail ECN foreign currency exchange firm comparison and rating concept

(2 posts)

cannonmarshall
Member

hi people,
i am now and again addressed as to big figure.
What big figure is, is the stem, or whole dollar price, of a quote, often used in reference to foreign currencies or money markets.
For example, if a foreign currency was trading at 108.3457 and a money market security was trading at 108.6666, both would have big figures of 108. traders will often not mention the big figure when quoting a security, assuming that other traders know this number.
In the U.S, the big figure is often referred to as the handle.

Posted 1 month ago #
cannonmarshall
Member

[EDITED BY cannonmarshall]

Posted 1 month ago #

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