Trading Jargon - Paying away to the broker?

C

Chris0770

Newbie
Messages
7
Likes
0
Hi everyone,

When a trader from a fund or bank says they "pay away 3 points" to the broker....what exactly does this mean.

Any insight would be appreciated.

Thanks,
 
You must log in or register to reply here.

Similar threads

J
Learning Twitter jargon
Replies
1
Views
1K
ACstudio
A
J Livermore
Any brokers pay short interest?
Replies
2
Views
4K
J Livermore
J Livermore
F
Rebate on commission you pay your broker
Replies
3
Views
2K
t2wfx
T
G
Moved to US...can't find a Forex broker.
Replies
10
Views
3K
GapYah
G
St.Sarah
what to pay attention to when trading with broker?
2
Replies
22
Views
6K
Black Jack
B
Top