A ‘handle’ refers to the whole number part of a stock price quote, which means the part of the quote which is to the left of the decimal point. For example, if the price quote for a particular stock is INR 210.25, then the handle will be only INR 210. Thus, the portion after decimal, that is INR 0.25 will be eliminated from the quote. A Handle is used more frequently in trading equities and in futures markets as the handle makes it easier, smooth and quick for bidding, placing orders, quoting prices and also while referencing to the Index levels. In foreign exchange markets, handle means the part of the price quote that appears in both the bid and the offer for the currency, upto 2 decimal places.
