The Calvin L. Rampton Salt Palace Convention Center is in downtown Salt Lake City. The Center has no hotels, but the Marriott Hotel, Plaza Hotel, and Holiday Inn Express are across the street. Cancel. 0.1 mile Marriott Hotel Downtown 75 South West Temple, Salt Lake City, UT 84101.
When trading a mini lot (10k units of currency), each pip is worth roughly one unit of the currency in which your account is denominated. If your account is denominated in USD, for example, each pip (depending on the currency pair) is worth about $1. In a micro lot, or 1k trade, each pip is worth roughly 1/10th the amount it would be worth in a mini lot -- so about $0.10. In all pairs involving the Japanese Yen (JPY), a pip is the 1/100th place -- 2 places to the right of the decimal.
In all other currency pairs, a pip is the 1/10,000 the place -- 4 places to the right of the decimal. Quotes are typically on each currency pair with precision to 1/10th of a pip. So youâll see quotes listed to the 1/1,000th place for JPY pairs and youâll see quotes listed to the 1/100,000th place for all other pairs.