Forex Slang Popular

Mio

Financial abbreviation for million. Commonly used in banking, trading, and finance.

Definition

Mio is a financial abbreviation for million, commonly used in banking, trading, and international finance. When traders say "5 mio USD" they mean 5 million US dollars. This shorthand is standard in interbank trading and professional finance.

How It Works

"1 mio" = 1 million
"5 mio EUR" = 5 million euros
Used in trade tickets, chat, and verbal communication
Standard in interbank foreign exchange markets

Trading Tips

Common in forex dealing rooms and institutional trading

Different from "MM" which some use for million

Be aware: some regions use "mia" for billion (milliard)

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