mine and yours

Definition

Forex

  • Terms used by forex traders to express their intent to deal respectively on the offer or bid side of a two way price provided by a market maker. As examples of the typical usage of mine and yours in the forex market, if a market maker quotes a price of 1.4000/1.4005 in EUR/USD, their customer could either say "mine" to buy Euros at 1.4005 or "yours" to sell Euros at 1.4000.
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