POLL: Index futures traders, would you prefer a larger or smaller tick size?

Index futures traders, would you prefer a larger or smaller tick size?

  • Larger

    Votes: 8 19.0%
  • Smaller

    Votes: 34 81.0%

  • Total voters
    42
I voted smaller. I would like ES .10 tick and $10 for that tick = $100 a point rather then the current $50

Quote from Gabfly1:

ES has the largest tick size of all the minis. When was the last time you were able to buy the bid or sell the offer? Perhaps I'm somewhat myopic, but I see a larger tick size as increasing the cost of doing business. More often than not, you'll pay more to get in and get less to exit.

I voted smaller.

My own $0.02.
 
Quote from trading_time:

I voted smaller. I would like ES .10 tick and $10 for that tick = $100 a point rather then the current $50

The first may happen one day.. not holding by breath though..

The second is very unlikely, as it will mean a fall in revenues for CME, unless they increase their fees for ES at the same time..
 
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