http://www.moneyvidya.com/blog/phrase-of-the-day-pip/ Indian stock picking community. Fri, 10 Sep 2010 14:56:23 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://www.moneyvidya.com/blog/phrase-of-the-day-pip/comment-page-1/#comment-668 Soham Das Tue, 06 Jan 2009 18:41:40 +0000 http://www.moneyvidya.com/blog/?p=939#comment-668 No thats a tick you are talking about... Pip is normally used in currency fut. its 1/100th of a percent.. So thats effectively 1 basis point. Usually 1 tick is equal to 1 pip. But not aways, USDYEN pair is an example. No thats a tick you are talking about… Pip is normally used in currency fut. its 1/100th of a percent.. So thats effectively 1 basis point. Usually 1 tick is equal to 1 pip. But not aways, USDYEN pair is an example.

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