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Whoops, sorry. I forgot the Notes trade in halves of 32nds (64ths).
Each half tic(1/64) is $15.625. 106.7344(106-47/64)- 105.3750(105-
24/64) = 1.3594(1.23/64). One point on a contract is $1000. Your
brokerage statements should be rounded up to the nearest penny.
Go to www.cbot.com for the contract specs.
--- In realtraders@xxxx, "Randy Barlow" <rcbarlow@xxxx> wrote:
> Bruce,
> That does not help me much. If I bought Sep01 TYNotes at 105.3750
and sold
> at 106.7344,
> how do I compute my profit?
> Thanks,
> RandyB
> How Long a Minute is, depends on
> which side of the Bathroom Door you are on.
> ----- Original Message -----
> From: <bruce.larson@xxxx>
> To: <realtraders@xxxx>
> Sent: Wednesday, August 22, 2001 12:24 AM
> Subject: Re: [RT] 10 Year T-Notes
>
>
> > Just use 0.03125
> >
> >
> >
> > --- In realtraders@xxxx, "Randy Barlow" <rcbarlow@xxxx> wrote:
> > > Would anyone please explain a simple way for me to compute the
> > value of
> > > prices? My program does not use 32nds.
> > >
> > > Thanks,
> > > RandyB
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
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