Er2=$100

[gohstrader]

I know this is a dumb question but I hve been looking and can't find the answer. All of the CBOE and other sites say the multiplier for the ER2 is= 100. Does that mean that 1 point move up/down is = $100?? or 1 tick up or down??

Thanks
gt

 

[CaptainObvious]

One full point is $100, one tick is $10

 

[dandxg]

1 point is $100 USD. 1 tick is $10 USD. You need to go to CME for info on this contract. ER2 is wild sometimes. http://www.cme.com/clearing/clr/spec/contract_specifications_cl.html?product=ER

 

[flux-U-8]

Depends on how many contracts you are trading.

The first thing you need to figure out is what exchange it trades on.


Go to the CME website.

 

[gohstrader]

Thanks alot guys will follow recommendations.

GT