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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.