Glossary entry (derived from question below)
Jul 18, 2010 09:06
13 yrs ago
English term
pips
English to Arabic
Bus/Financial
Investment / Securities
Market conditions would have to move 100 pips negatively for your position to be eliminated.
Proposed translations
(Arabic)
5 +4 | نقطة | hossam sallam |
4 | الفرق بالنقط بين سعر العرض وسعر الطلب | hassan zekry |
Proposed translations
+4
8 mins
Selected
نقطة
=
Peer comment(s):
agree |
TargamaT team
8 mins
|
agree |
Tamer Mahmoud
14 mins
|
agree |
Amira A Wahab
1 hr
|
agree |
Linah Ababneh (X)
6 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Thanks"
6 mins
الفرق بالنقط بين سعر العرض وسعر الطلب
.
Discussion
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.
http://www.investopedia.com/terms/p/pip.asp