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I would greatly appreciate some guidance in determining how a
BigPoint is actually defined for currencies and also in determining
the correct BigPointValue to use.
Using the Aus$ (AD) as an example is a BigPoint the move from, say,
0.75 to 0.76? Or is it the move from 0.7 to 0.8?
Still with the AD, what is the value of a BigPoint? I have been
laboring under the impression that a BigPoint was $1,000 but upon
checking the symbol Universe in TS I find that it lists the value as
$100,000, (which is also the contract size.) Confusing.
By way of comparison in a different market group, a BigPoint in Corn
is a move from, say, 195 to 196 and has a BigPoint value of $50. Below
I have listed what I (used to?) think is correct but now I am not so
sure.
Contract BigPoint MinMove $ Pts
------------------------------------------------------------
C Corn $50 $12.50 1 pt
AD Aus$ $1,000 $10.00 1 pt
JY JapYen $1,250 $12.50 1 pt
BP Brit Pound $625 $12.50 2 pts
FX Euro $1,250 $12.50 1 pt
SF Swiss Franc $1,250 $12.50 1 pt
CD Canadian$ $1,000 $10.00 1 pt
Thanks in advance for any assistance, it is very much appreciated.
--
Best regards,
Ross mail to: Ross.Bond@xxxxxxxxxxxxxxxx
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