1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Yard

Discussion in 'Traders Glossary' started by Pharaoh, Aug 22, 2008.

  1. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,591
    Likes Received:
    2,174
    Trading slang term for 1 Billion units. A standard lot is 100,000 units of currency, so an order with a lot size of 1 Yard would be for 10,000 standard lots.

    A one pip move on 1 Yard of xxxUSD would be worth $100,000.
     

Y

y/y

Z

ZEW

Share This Page