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)
distribution network
forward exchange rate
Double Barrier Option
rate level risk
See All Related Terms »

full-service brokerage
certified cheque
secured loan