How can I calculate the tick value of Nasdaq futures for digital currencies?

1 answers

• jen23Jan 12, 2023 · 2 years ago
  Calculating the tick value of Nasdaq futures for digital currencies is a breeze! All you have to do is multiply the tick size by the contract size. The tick size refers to the minimum price increment of the futures contract, while the contract size represents the value of one contract. By multiplying these two values, you can easily determine the tick value, which represents the monetary value of each tick movement. For example, if the tick size is $10 and the contract size is 100, the tick value would be $1,000. Just remember to consider the specific tick size and contract size of the Nasdaq futures contract you are dealing with to accurately calculate the tick value.
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