Tag: PI
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Pip
Concept of Pip in Futures TradingIn this context of financial law, the following is a definition of Pip: The smallest price unit of a commodity or currency.
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Pit
Concept of Pit in Futures TradingIn this context of financial law, the following is a definition of Pit: A specially constructed area on the trading floor of some exchanges where trading in a futures contract or option is conducted. On certain other exchanges, the term ring designates the […]