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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.

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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.

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