I'm trying to understand the concept of a tick in futures trading. Specifically, I want to know what exactly constitutes 1 tick in the context of futures markets and how it affects trading decisions.
6 answers
CryptoKing
Tue Dec 03 2024
Tick Value plays a crucial role in financial markets.
CryptoVisionaryGuard
Mon Dec 02 2024
The tick size refers to the minimum price increment that an asset's market prices can move up or down.
SamuraiSoul
Mon Dec 02 2024
This means that the market price of the futures contract can change by increments of 0.21.
Ilaria
Mon Dec 02 2024
This increment is standardized and applies to various financial instruments, ensuring uniformity in pricing.
EmeraldPulse
Mon Dec 02 2024
The tick value, on the other hand, represents the dollar amount associated with each tick size movement.