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G'Day all
I would appreciate some comments on the following problem i have:
I have a problem in trying to decipher the $ values attached to 'Points' and
'Ticks' in the commodity markets
ie. the values are quoted as, for example, 1 point = $50. Is this 1 point
before or after the decimal place.
If a commodity moves from say 200.20 to 201.20, is this $50 or is 200.20 to
200.21 = a fraction of $50.
In the commodity specs they mention the tick sizes & values, but to which
decimal place does this apply.
Is there some in-depth info. on this?
Regards
Trevor De Vries
Channel Sales Manager CPG
Compaq Computer (South Africa)
+27-(0)11-784-8128 (Microcom Office)
+27-(0)11-784-7849 (Microcom Fax)
+27-(0)82-442-4530 (mobile)
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