Refers to the first three digits of an exchange rate that dealers treat as understood in quoting.
The first couple of digits of a forex rate or price that doesn't usually fluctuate.
The first few digits of a financial instrument price or an interest rate or currency exchange rate. These digits change relatively infrequently as prices fluctuate, so a quote will often omit this handle, or “big figure,” particularly in a busy trading environment. Also called "Handle".
The first three digits of an exchange rate e.g. USD 1.24 per EUR or USD 1.82 against GBP.
Jargon referring to the first digits of an exchange rate. These digits barely vary in normal market fluctuations, and are usually omitted in dealer quotes.
Dealer expression for the first few digits of an exchange rate. These digits are omitted in dealer quotes, as they rarely change in normal market fluctuations. For example, a USD/Yen rate would be quoted verbally without the first three digits - i.e., "30/35" – instead of 107.30/107.35.
The second figure after the decimal point in a price quotation. If the Aussie rate against the USD dollar is 0.6500/05, the big figure is "0.65".
The stem of a rate. When giving a quotation, dealers may only refer to the points (in foreign exchange) or to fractions (in money markets). In the US, the big figure is known as the Handle.
Dealer phrase referring to the first few digits of an exchange rate e.g if the GBPEUR exchange rate was €1.4530 the ,Big Figure would be the digit 5. These digits rarely change in normal market fluctuations.
The first two or three digits of a foreign exchange price or rate. Examples: USD/JPY rate of 108.05/10 the big figure is 108. EUR/USD price of .8325/28 the big figure is .83
The first two or three digits of a foreign exchange price or rate. Examples: If the USD/JPY bid/ask is 115.27/32, the big figure is 115. On a EUR/USD price of 1.2855/58 the big figure is 1.28. The big figure is often omitted in dealer quotes. The EUR/USD price of 1.2855/58 would be verbally quoted as "55/58".
100 basis points of the underlying foreign exchange rate. This equates to 1.00 in USDJPY and 0.0100 in EURUSD
The first three digits of an exchange rate, e.g. USD 1.62 per pound or DEM 1.49 per dollar
Dealer expression referring to the first few digits of an exchange rate. These digits rarely change in normal market fluctuations, and therefore are omitted in dealer quotes, especially in times of high market activity. For example, a USD/Yen rate might be 107.30/107.35, but would be quoted verbally without the first three digits i.e. “30/35â€.
The first few digits of an exchange rate, as referred to by dealers for simplicity. These digits change relatively slowly, and are omitted in dealer quotes, especially in times of high market activity when time is tight. For example, a USD/Yen rate might be 107.30/107.35, but would be quoted verbally without the first three digits i.e. "30/35".
A market expression for the part of the price which is the least significant in terms of quotation movement.
