Big Figure
2020-08-17 14:03
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The stem, or whole dollar price, of a quote, often used in reference to foreign currencies or money markets.
|||For example, if a foreign currency was trading at 108.3457 and a money market security was trading at 108.6666, both would have big figures of 108. Traders will often not mention the big figure when quoting a security, assuming that other traders know this number.
In the U.S., the big figure is often referred to as the handle.
