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Hello Mr John, please refer to the p4 technical article on the above subject, i want to know why in the article, close out hedge (5.53-6.21)/0.01* why it is not divided by 400 as suggested in your lectures instead it was divided by 0.01
ThanksBecause they have used ticks.
I do explain ticks in my lectures but as I also say there is no need to use ticks – that is up to you. (I never bother with ticks 🙂 )
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