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Handle
What does it mean?
The whole dollar price, or stem, of a quote.
In Other Words...
This term is usually used in the foreign currency and money markets.
For example, a foreign currency trading at 75.25 and a money market security trading at 75.75 both have handles of 75. Traders usually do not include the handles when quoting prices because it is assumed that involved traders already know them.
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Related Terms
Big Figure | Bond | Floor Trader | Forex - FX | Security | Stock
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