In the suggested reply, the marker uses a tick value of $12.50 when calculating the loss.
Where is this coming from? The futures contract if EUR 125,000 so how come the tick value is in $?
Thank you for explaining!
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Damsden - Acca mock
1y ago#1Have you watched my free lectures on this, because I do explain how the tick value is calculated (even though I myself do not bother using ticks in the exam).
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