Smallest increment of price movement possible in trading a given contract. Also called point or tick. The zero-beta portfolio with the least risk. Found on http://www.encyclo.co.uk/local/20047
Smallest increment of market price movement possible in a given futures or options... <a target=_blank href='http://www.finance-glossary.com/terms/minimum-price-fluctuation.htm?id=2210&ginPtrCode=00000&PopupMode=false' title='Read full definition of minimum price fluctuation'>more</a>
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