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0, 2, 4, 6 = 0, .25, .50, .75
-----Original Message-----
From: Alberto Torchio [mailto:at_trading@xxxxxxxx]
Sent: Friday, January 02, 2004 4:05 PM
To: amibroker@xxxxxxxxxxxxxxx
Cc: emarco@xxxxxxxxxxxxxxx
Subject: RE: [amibroker] wheat
Juan,
> I would like to know why does some data providers quote the cbot
> wheat futures in 1/4 as the minimum tick and the Cbot is 0.2 cents?
Wheat closed on 23/12 at 370,50 the CBOT reports the same price as 3704: the
last digit "4" is quoted in 1/8 (of 1 cent).
That is 4 x 1/8 = 0,50.
Oats, Wheat Beans and Corn follow the same rule.
Also, options on the same instruments have the tick size equal to 1/8,
whereas futures have tick size 1/4.
Regards,
Alberto
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