A Amnesiac Feb 27, 2007 #11 Quote from journeyman: just21 (or other miNY traders): is this maths right: QG index goes from 7.78 to 7.84 = +0.06 0.06/0.005 = 12 ticks 12 * 12.50 = $150? More... The result is correct, but note that the multiplier is 2500. So just calculate with $25 per tick and contract. QG can easily go up or down 50 ticks within a day, so be careful.
Quote from journeyman: just21 (or other miNY traders): is this maths right: QG index goes from 7.78 to 7.84 = +0.06 0.06/0.005 = 12 ticks 12 * 12.50 = $150? More... The result is correct, but note that the multiplier is 2500. So just calculate with $25 per tick and contract. QG can easily go up or down 50 ticks within a day, so be careful.
J journeyman Feb 27, 2007 #13 thanks amnesiac, so then 0.01 - 1 tick... and 6*25 = $150... I really want to see data but I am unsure if a GLobex feed will give me NYMEX real time data...
thanks amnesiac, so then 0.01 - 1 tick... and 6*25 = $150... I really want to see data but I am unsure if a GLobex feed will give me NYMEX real time data...
D Drew Klein Feb 27, 2007 #14 Coffee (KC)...now trading electronic through ICE.. Coming off cyclical vol lows. Should be a wonder...
Coffee (KC)...now trading electronic through ICE.. Coming off cyclical vol lows. Should be a wonder...
