I'm trying to understand how to calculate ticks in futures trading. I want to know the method or formula to determine the tick value for futures contracts.
7
answers
SumoHonorable
Thu Feb 13 2025
For instance, if the price of /ES, a financial instrument, experiences a fluctuation.
Pietro
Thu Feb 13 2025
A 30-point change, which represents approximately 1% of its value, would result in significant financial consequences.
Eleonora
Thu Feb 13 2025
The smallest movement in price, known as the minimum tick, is equivalent to one-quarter of an index point.
CryptoChampion
Thu Feb 13 2025
Such a movement would equate to a gain or loss of 120 ticks.
EnchantedPulse
Thu Feb 13 2025
This translates to a value of $12.50 per contract.