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Tick Size

OOvick7y ago
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 ??
John MoffatJohn MoffatTutor7y ago#1
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!)
OOvick7y ago#2
Thank you very much sir for your response.
John MoffatJohn MoffatTutor7y ago#3
You are welcome :-)
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