Mine And Yours

Filed Under:
Dictionary Says

Definition of 'Mine And Yours'


Terms used by floor traders to signify buying and selling. If a trader wanted to buy something, they would type or say "Mine," as in "It's mine." If the trader wanted to sell, they would type or say "Yours," as in "It's yours." These terms are mainly used in forex transactions.

Investopedia Says

Investopedia explains 'Mine And Yours'


The forex or foreign exchange market is a highly liquid market where investors such as individuals, financial institutions, corporations, central banks and hedge funds trade currencies, usually through the Internet. This market relies heavily on leverage because currency pairs usually experience very small changes in value on a day-to-day basis. When a forex investor opens a trade, they are buying one currency and selling another. To close the trade, they do the opposite transaction.

comments powered by Disqus
Hot Definitions
  1. Legal Monopoly

    A company that is operating as a monopoly under a government mandate. A legal monopoly offers a specific product or service at a regulated price and can either be independently run and government regulated, or government run and regulated.
  2. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  3. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  4. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  5. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  6. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
Trading Center