I'm trying to understand the valuation of a point in futures trading. Specifically, I want to know how much monetary value is associated with 1 point movement in the futures market.
6 answers
Leonardo
Fri Nov 29 2024
A point is a term frequently used by futures traders to describe price movements.
Silvia
Thu Nov 28 2024
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lucas_taylor_teacher
Thu Nov 28 2024
It represents the minimum price fluctuation that can occur in a futures contract.
Maria
Thu Nov 28 2024
This fluctuation is measured on the left side of the decimal point in the price quote.
Maria
Thu Nov 28 2024
To illustrate, let's consider the S&P 500 E-Mini (ES) futures price.