Handle

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Handle

The whole-dollar price of a bid or offer is referred to as the handle (e.g., if a security is quoted at 101.10 bid and 101.11 offered, 101 is the handle. In this example, the market is then simply quoted as 'ten to eleven', as in '.10 to .11'.) Traders are assumed to know the handle. See: Full.

Handle

1. On an exchange, a point in price change. For example, if stock goes from $11 to $10, it is said to drop a handle.

2. On the S&P, 100 points in price change.

3. See: Big figure.

handle

The whole dollar price of a bid or offer. A bid of $91.10 and an ask of $91.15 would have a handle of $91.