Mine and Yours

Mine and Yours
What It Is:
"Mine" and "yours" are colloquial references to buy and sell transactions.

Mine and Yours
Used by forex traders to signify which currency account and at which bank and country currency is to be paid to. A trader might say ‘my New York’ for dollars or ‘my London’ for sterling.

Mine and Yours
Terms used by floor traders to signify buying and selling. Mainly used in forex transactions.
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Mine and Yours - Terms used to signal when a trader wants to buy (mine) and sell (yours).
Minimum price fluctuation - The smallest increment of price movement possible in trading a given contract, often referred to as a tick.

Mine and Yours - To announce that a trader wants to buy he/she may say or type Mine. This would also be known as taking the offer. To sell he will use Yours. This would be known as 'hitting the bid'.

Mine and Yours : To announce that a trader wants to buy he/she may say or...
Minimum Price Fluctuation : The smallest increment of market price moveme...
Minimum Reserve : Reserves required to be deposited at central banks by c...

See also: Trader, Market, Transaction, Broker, Forex