Handle

The whole number part of a price quote. In a quote the handle could be $56, while the price quote for stock might be $56.25. The quote's handle eliminates the part of the price quote that is a decimal. In foreign exchange markets, the handle refers to the part of the price quote that appears in both the bid and the offer for the currency. For example, if the EUR/USD currency pair has a bid of 1.4183 and an ask of 1.4185, the handle would be 1.41 - the part of the quote that is equal to both the bid and the ask. Also called big figure.

Traders often refer to only the handle of a price quote since it is assumed that other market participants know the stem of the quote. In the foreign exchange markets, the minimum price movement is called a pip. Since many of the foreign exchange instruments are quoted out four or five decimal places, it is considered simpler to refer to the last two places when discussing the bids and asks, rather than include the handle, which tends to be known by the participants.


Investment dictionary. . 2012.

Synonyms:

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  • handle — vb 1 Handle, manipulate, wield, swing, ply are comparable when they mean to deal with or manage with or as if with the hands typically in an easy, skillful, or dexterous manner. Handle implies the acquirement of skill sufficient to accomplish one …   New Dictionary of Synonyms

  • handle — [han′dəl] n. [ME handil < OE handle (akin to Du handel) < hand, HAND] 1. that part of a utensil, tool, etc. which is to be held, turned, lifted, pulled, etc. with the hand 2. a thing like a handle in appearance or use 3. the total amount of …   English World dictionary

  • Handle — Han dle (h[a^]n d l), v. t. [imp. & p. p. {Handled} ( d ld); p. pr. & vb. n. {Handling} ( dl[i^]ng).] [OE. handlen, AS. handlian; akin to D. handelen to trade, G. handeln. See {Hand}.] 1. To touch; to feel with the hand; to use or hold with the… …   The Collaborative International Dictionary of English

  • Handle — may be:* Handle (grip), a grip attached to an object for using or moving the object * Handle (mathematics), a topological ball * Handle (computing), a particular kind of smart pointer Handle may also be:* Handle System, a system for uniquely… …   Wikipedia

  • handle — [n1] something to grip arm, bail, crank, ear, grasp, haft, handgrip, helve, hilt, hold, holder, knob, shaft, stem, stock, tiller; concepts 445,502,831 handle [n2] nickname appellation, byname, byword, cognomen, denomination, designation, moniker …   New thesaurus

  • Handle — Han dle, n. [AS. handle. See {Hand}.] 1. That part of vessels, instruments, etc., which is held in the hand when used or moved, as the haft of a sword, the knob of a door, the bail of a kettle, etc. [1913 Webster] 2. That of which use is made;… …   The Collaborative International Dictionary of English

  • handle — ► VERB 1) feel or manipulate with the hands. 2) manage or cope with. 3) deal with. 4) control or manage commercially. 5) (handle oneself) conduct oneself. 6) (of a vehicle) respond in a specified way when being driven: the new model does not… …   English terms dictionary

  • Handle — Han dle (h[a^]n d l), v. i. To use the hands. [1913 Webster] They have hands, but they handle not. Ps. cxv. 7. [1913 Webster] …   The Collaborative International Dictionary of English

  • Handle — This is a term used by both buyers and salesmen to denote the feel or handle of a cloth in terms of hardness, harshness, softness, smoothness, etc. (see Feel) …   Dictionary of the English textile terms

  • handle — I (manage) verb administer, be master of, command, conduct, control, deal with, direct, dominate, execute, exercise authority, exercise direction over, exeicise power over, exert authority, govern, guide, have authority, have charge of, have the… …   Law dictionary

  • Handle Me — Infobox Single Name = Handle Me Artist = Robyn from Album = Robyn Released = flagicon|Sweden 2005 (Promo only) flagicon|Ireland 26 October, 2007 flagicon|United Kingdom 29 October, 2007 flagicon|Germany March 7, 2008… …   Wikipedia

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