handle

Handle

The whole dollar price, or stem, of a quote.

Notes:

This term is usually used in the foreign currency and money markets.

For example, a foreign currency trading at 75.25 and a money market security trading at 75.75 both have handles of 75. Traders usually do not include the handles when quoting prices because it is assumed that involved traders already know them.

See also: Big Figure, Bond, Floor Trader, Forex - FX, Security, Stock

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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). Traders are assumed to know the handle. See: Full.

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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.