point
A minimum unit of price change. In the forex market, a point is usually a 0.0001 move, except for USD/JPY in which a point is a 0.01 move. In decimal traded U.S. futures contracts, a point is one hundredth of a Cent, except for grains where it is one cent. Also, a point is one percent of par in the Treasury bond market. also called tick.
Browse by Subjects
average directional index (ADX)
Double Barrier Option
unbiased expectations hypothesis
bollinger bands
FTSE 100
See All Related Terms »

Cash Delivery
Fortune 500 company
paper currency
Barron's
ABB