Handle

'Handle' is traders’ jargon for the whole-dollar amount of a security quote.

This is traders' jargon for the whole-dollar amount of a security quote. For example, if a security is quoted as $78.25 bid and $78.75 offered, the handle is 78.

In currency markets, the handle is the bit that is common to both the bid and offer. For example, if euro versus sterling (EUR/GBP) is quoted at 0.80771 bid and 0.80781 offered, the handle is 807.

Usually traders would not mention the handles when quoting prices, but just give the bit after the decimal point or the last two digits of a currency quote. That's because it's assumed that other traders know the handle.

Most Popular

Best savings accounts – June 2023
Savings

Best savings accounts – June 2023

Interest rates have been creeping up - we look at the best savings accounts on the market right now.
1 Jun 2023
Savings inertia - why we should all be obsessed with interest rates and savings accounts right now, says Kalpana Fitzpatrick
Savings

Savings inertia - why we should all be obsessed with interest rates and savings accounts right now, says Kalpana Fitzpatrick

Are savers still missing out on hundreds of pounds by not moving their cash for better interest rates?
30 May 2023
One day left for households to claim the £200 Alternative Fuels Payment to help with heating bills
Energy

One day left for households to claim the £200 Alternative Fuels Payment to help with heating bills

Households could be due a £200 payment if they heat their homes using alternative fuel sources and aren’t connected to the mains gas grid - but time i…
30 May 2023