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teenie

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Financial Dictionary

Teenie

A measure of value representing a sixteenth (1/16 or .0625) of one point. Since decimalization, many traders have referred to a teenie as a cent.

Investopedia Commentary

If a stock is trading up a teenie, it means it's up a sixteenth of one point.

Related Links

Introduction To Types Of Trading: Scalpers

See also: Points

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