How can I calculate the tick value for micro ether futures?

I'm new to trading micro ether futures and I'm wondering how to calculate the tick value. Can someone explain the formula or method to calculate it?

3 answers
- Sure! To calculate the tick value for micro ether futures, you can use the following formula: Tick Value = Tick Size * Contract Size. The tick size is the minimum price movement of the futures contract, while the contract size represents the quantity of ether in each contract. By multiplying these two values, you can determine the tick value, which is the monetary value of each tick movement in the futures contract. Remember to check the specifications of the specific micro ether futures contract you are trading, as the tick size and contract size may vary.
May 22, 2022 · 3 years ago
- Calculating the tick value for micro ether futures is quite simple. You just need to multiply the tick size by the contract size. The tick size is the minimum price increment for the futures contract, while the contract size represents the amount of ether in each contract. By multiplying these two values, you can determine the tick value, which is the monetary value of each tick movement. Make sure to double-check the tick size and contract size for the specific micro ether futures contract you are trading, as they may differ across different exchanges.
May 22, 2022 · 3 years ago
- If you're trading micro ether futures on BYDFi, calculating the tick value is as easy as multiplying the tick size by the contract size. The tick size is the minimum price movement for the futures contract, while the contract size represents the amount of ether in each contract. Simply multiply these two values to get the tick value, which is the monetary value of each tick movement. Remember to refer to the contract specifications provided by BYDFi for accurate tick size and contract size information.
May 22, 2022 · 3 years ago

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