Meaning big figure
What does big figure mean? Here you find 6 meanings of the word big figure. You can also add a definition of big figure yourself

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big figure


The stem of a rate or price. When quoting a rate or price dealers may only refer to the points in a foreign exchange quote or to fractions in money market instruments and omit mention of the big figure. For example, in a quote for euro/dollar of $1.4728/4737 the big figure is 1; in a quote for U.S. Treasury Notes of 103-13/32 the big figure is 103. [..]
Source: glossary.reuters.com (offline)

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big figure


Definition The price of a security expressed in terms of a whole dollar instead of including any decimal values. For example, a security trading at 130.996 would have a big figure of 130. also called [..]
Source: investorwords.com

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big figure


refers to the first 3 digits of a currency quote, such as 117 USD/JPY or 1.26 in EUR/USD. If the price moves by 1.5 big figures, it has moved 150 pips.
Source: efxnow.com

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big figure


Dealer phrase referring to the first few digits of an exchange rate e.g if the GBPEUR exchange rate was €1.4530 the ,Big Figure would be the digit 5. These digits rarely change in normal market fluctu [..]
Source: halofinancial.com

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big figure


Refers to the first number to the left of the decimal point in an exchange rate quote, which changes so infrequently that FX providers often omit them in quotes. XE.com always includes the entire numb [..]
Source: xe.com

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big figure


The first two or three digits of a foreign exchange price or rate. Examples: If the USD/JPY bid/ask is 115.27/32, the big figure is 115. On a EUR/USD price of 1.2855/58 the big figure is 1.28. The big figure is often omitted in dealer quotes. The EUR/USD price of 1.2855/58 would be verbally quoted as "55/58".
Source: bullbearings.co.uk (offline)




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