|
PureBytes Links
Trading Reference Links
|
Yes. But it's only semantics, so why would it matter ?
--- In realtraders@xxxxxxxxxxxxxxx, "Jason Armstrong"
<jarmstrong444@xxxx> wrote:
> Hi Gang,
>
> I have a question about 10 Year T-Notes that I was
hoping someone out there might be able to answer. CBOT gives the
following information on their web-site regarding this contract:
>
> Tick Size
> One half of 1/32 of a point ($15.625/contract) rounded up to
the nearest cent; par is on the basis of 100 points
>
> Price Quote
> Points ($1,000) and one half of 1/32 of a point; i.e., 84-16
equals 84 16/32, 84-165 equals 84 16.5/32.
>
>
>
> Now, if price moves from 11421 to 11422 is that considered two
ticks or one tick? Logic tells me that would be two ticks, since a
one half point move would be 114215. Am I correct on this?
>
> Happy trading,
>
> Jason
------------------------ Yahoo! Groups Sponsor ---------------------~-->
DVD Rentals with No Late Fees - Try Netflix for FREE!
http://us.click.yahoo.com/ZKLNcC/pEZFAA/i5gGAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|