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Define
Definitions for
"Teenie"
Keywords:
cent
,
sixteenth
,
decimalization
,
traders
,
fractions
A difference of 1/16 or 6.25 cents on the spread between the bid and the ask, when security prices are quoted in fractions.
investor.news.com
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.
ir.altus.com
1/16th.
trade2win.com