Minimum price fluctuation

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Campbell R. Harvey's Hypertextual Finance Dictionary

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Minimum price fluctuation

Smallest increment of price movement possible in trading a given contract. Also called point or tick.

Copyright © 2000, Campbell R. Harvey . All Rights Reserved.

A Guide to Futures | Options Market Terminology : English English Dictionary

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Minimum price fluctuation

The smallest allowable fluctuation in a futures price or futures option premium.

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