Micro-Lot

Micro-Lot
The equivalent to a contract for 1,000 units of the base currency in a forex trade. The base currency is the first currency in a pair, or the currency that the investors buys or sells. Trading in micro-lots enables traders to trade in small increments.

When an investor places an order for a micro lot, this means they have placed an order for 1,000 units of the currency being bought or sold. For example, in a USD/AUD currency pair, the U.S. dollar is the base currency.

Investors use micro-lot sizes when they prefer not to trade mini or standard lots. Ten mini lots is equal to 100 micro lots, which is equal to one standard lot.


Investment dictionary. . 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Micro-lot — The term micro lot refers to a tiny sub divided portion of a plot of land that is made available for individual sale. Typically the owner of the larger parent lot creates non recordable deeds that grant certain rights of ownership for each… …   Wikipedia

  • Micro Machines — This article is about toys. For the video game series, see Micro Machines (video games). For the nanotechnology concept, see Micromachinery. Micro Machines Type Model car Company …   Wikipedia

  • Micro Mart — MicroMart Editor Anthony Enticknap Categories Computing Frequency Weekly Circulation 13,712 (Jan Dec 10) …   Wikipedia

  • Micro-array — Puce à ADN Principe d utilisation de la puce à ADN. Une puce à ADN est un ensemble de molécules d ADN fixées en rangées ordonnées sur une petite surface qui peut être du verre, du silicium ou du plastique. Cette biotechnologie récente permet d… …   Wikipédia en Français

  • Standard Lot — The equivalent to 100,000 units of the quote currency in a forex trade. A standard lot is similar to trade size. It is one of the three commonly known lot sizes; the other two are mini lot and micro lot. A standard lot represents 100,000 units of …   Investment dictionary

  • Build-a-lot — Infobox VG width = title = Build a lot caption = picture format = developer = HipSoft publisher = Various distributor = Various designer = license = series = engine = version = released = 2007 genre = Business simulation game modes = Single… …   Wikipedia

  • Bede BD-5 Micro — Bede DB 5B Ce BD 5B participe régulièrement à des meetings aériens au Canada. Constructeur …   Wikipédia en Français

  • Holiday home Fournier Haut Villeneuve sur Lot — (Villeneuve sur Lot,Франция) Категория отеля: 3 звездочный отель …   Каталог отелей

  • Sorocaba (micro-region) — The Sorocaba micro region ( Microrregião de Sorocaba ) is a micro region in the central part of São Paulo State, Brazil. The area is 4,202.355 km². Municipalities* Alumínio * Araçariguama * Araçoiaba da Serra * Cabreúva * Capela do Alto * Iperó * …   Wikipedia

  • Holiday home Lot Les Sous-Bois - Mandat Bois Ondres — (Ондр,Франция) Категория отеля: 2 звездочный отель Адрес …   Каталог отелей

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”