What is Teenie | Trading Basic Education

Posted by - December 28, 2020

Teenie is a trading term, that represents one-sixteenth of the one basis point. Now you are thinking that what is the basis? Right! One basis point is one-hundredths of a percent. KEY POINTS It describes one-sixteenth of one basis point, a basis point shows one-hundredth of a percent. It works like Prior to decimalization The