Definition: In the context of financial trading, particularly in forex and bond markets, “yours” is a slang term used by traders to indicate their willingness to buy a financial instrument at the quoted price. When a trader says “yours” in response to an offer, it means they are agreeing to purchase the asset at the stated price.
Understanding and using the term “yours” is crucial for effective communication in trading environments. It provides a quick and clear way to express buying intentions, facilitating efficient and timely transactions. Traders, brokers, and market makers use this term to streamline negotiations and execute trades promptly, ensuring that market opportunities are not missed due to delays or misunderstandings in communication.
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