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Pips definition

Pips the smallest unit of price for any foreign currency. Also called "points".
Pips when used in this Agreement, unless the context otherwise requires, shall mean the smallest numerical value of a Price Quote (the last digit to the right of the decimal point); ‘Pip’ value can be either fixed or variable depending on the currency pair (e.g. the pip value for EUR/USD is always $10 for standard lots and $0.10 for micro lots); the term “Pip(s)” is synonymous and interchangeable and may be used in this Agreement in an interchangeable way with the terms “Point(s)” and “Tick(s)”; “fractional pip” pricing includes an extra decimal place in the price Quote, which means that the Price Quotes are more precise;
Pips is synonymous and interchangeable and may be used in this Agreement in an interchangeable way with the terms “Point(s)” and “Tick(s)”; “fractional pip” pricing includes an extra decimal place in the price Quote, which means that the Price Quotes are more precise;

Examples of Pips in a sentence

  • Whilst the Client’s Trailing Stop "Close at Loss" is still in effect, the Client agrees that each change in the market by at least one hundredth of a percentage point (referred to as "Pips" on the Trading Platform) in his/her favor shall constitute a new offer by the Client to raise the level of his/her trailing "Close at Loss" by one hundredth of one percentage point.

  • Whilst your trailing "Close at Loss" is still in effect, you agree that each change in the market by at least one hundredth of a percentage point (referred to as "Pips" on the Trading Platform) in your favor shall constitute a new offer by you to raise the level of your trailing "Close at Loss" by one hundredth of one percentage point.

  • Whilst your Trailing Stop is still in effect, you agree that each change in the market by at least a Pips on the Trading Platform in your favor shall constitute a new offer by you to raise the level of your Trailing Stop by one hundredth of one percentage point.

  • Whilst your trailing "Close at Loss" is still in effect, you agree that each change in the market by at least one hundredth of a percentage point (referred to as "Pips" on the Trading Platform) in your favour shall constitute a new offer by you to raise the level of your trailing "Close at Loss" by one hundredth of one percentage point.

  • Whilst your Trailing Stop is still in effect, you agree that each change in the market by at least a Pips on the Trading Platform in your favour shall constitute a new offer by you to raise the level of your Trailing Stop by one hundreds of one percentage points.


More Definitions of Pips

Pips means brand mandated property improvement plans.
Pips is synonymous and interchangeable and may be used in this Agreement in an interchangeable way with the terms “Point(s)” and “Tick(s)”;
Pips when used in the Agreement and/or any agreements by and between us, including, without limitation, these Terms and Conditions, unless the context otherwise requires, shall mean the smallest numerical value of a Price Quote (the last digit to the right of the decimal point); ‘Pip’ value can be either fixed or variable depending on the currency pair (e.g. the pip value for EUR/USD is always $10 for standard lots, $1 for mini-lots and $0.10 for micro lots); the term “Pip(s)” is synonymous and interchangeable and may be used in this Agreement in an interchangeable way with the terms “Point(s)” and “Tick(s)”;
Pips means the smallest variation in a foreign exchange rate, usually the 4th digit after a decimal point.
Pips means the smallest numerical value of a Price Quote (the last digit to the right of the decimal point) when used in this Agreement. ‘Pip' value can be either fixed or variable depending on the currency pair (e.g., the pip value for EUR/USD is always $10 for standard lots, $1 for mini-lots, and $0.10 for micro lots); the term “Pip(s)” is syn. Fractional pip pricing includes an extra decimal place in the price quote, resulting in more precise price quotes;
Pips means any property improvement plan requirements imposed by Franchisors in connection with the Transactions.