Hi Sir,
Can you please give me an idea of what is the standardized tick size ?
In some books I have seen 1 tick= 0.00001 while in others it is 0.000001 ??
Ask the Tutor ACCA AFM
Tick Size
This is all explained in my free lectures!!!!
For foreign exchange futures, one tick = 0.0001
For interest rate futures, one tick = 0.01
(Although as I explain in my lectures, you never actually need to use ticks in the exam - I personally find it easier not to!)
Thank you very much sir for your response.
You are welcome :-)
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