Change the tick increment in ES from 0.25 to 0.1

Would you like to see the tick increment in the ES changed from 0.25 to 0.1?

  • Yes

    Votes: 115 52.8%

  • No

    Votes: 61 28.0%

  • I don't care but wanted to click a voting button

    Votes: 42 19.3%
  • Total voters
    218
Quote from Remiraz:

Its shocking to see traders supporting the spread. Its like gamblers supporting the house edge. :eek:
More...


Obviously you never traded equities before decimalization...:confused:

Now you guys want this for ES, ER2, ect?...

I don't know. Maybe you guys are trying to pinch the spread... :D
 
Quote from version77:

Obviously you never traded equities before decimalization...:confused:

Now you guys want this for ES, ER2, ect?...

I don't know. Maybe you guys are trying to pinch the spread... :D
More...

no i haven't. please elaborate on how a bigger spread can be good for traders.
 
Quote from version77:

Obviously you never traded equities before decimalization...:confused:

Now you guys want this for ES, ER2, ect?...

I don't know. Maybe you guys are trying to pinch the spread... :D
More...
This is like comparing apples & pears. This change was only very minor what concerns ticksize but changed a century+ old habit for very wide classes of traders.
Changing ES & NQ ticksize will only impact the few that grew rich on it.
 
Quote from nononsense:


Changing ES & NQ ticksize will only impact the few that grew rich on it.
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Actually I would like to see the spread smaller in NQ. I think it is
too big. Maybe from .50 to .25. I guess we could comprimise and
have ES at .20

Now who do we holler at to get these changes?... Can we get it done by next week?... :p
 
my wote for yes.

as a scalper i would like to see this change.

btw:
for the one longer term trader (someone, i do not remember who) who said something like "i would not like this because then i would not know where to place my orders", then i will suggest for you; place only on full points or on for example half point increments as well. this should not be a problem.
 
I sent CME a message before I started this thread asking them the "why is ES 0.25 per tick" question and I got an automated response saying that they'd get back to me within 24 hours, however, still no reply...
 
That was slightly inaccurate: 3 days not 24 hours. Here is the response:

-----------------------------
Date: Aug 30, 2005 12:18 PM

Subject: ES trading increment

Thank you for submitting your inquiry or comment to CME. You will receive a reply within 1-3 business days. This is an automated response, please do not respond to this message. Thank You, CME
-----------------------------

I'm sure they'll respond next week.
 
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