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tick value

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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April 8, 2017 at 6:01 pm #380641
Anonymous
Inactive
- Topics: 1
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Hi, may I know why in the question of FNDC Plc (dec 2006), for options, the tick value of 12.50 is being used for computing the gain/loss on contract instead of 6.25?
April 9, 2017 at 8:06 am #380671
John Moffat
Keymaster
- Topics: 57
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As I explain in the lectures, the tick value is calculated as 1/400 x the contract size.
(You never actually need to use ticks in the exam – I never do 🙂 )
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