I am new to trading agricultural futures and checking these the market depth. All the 3, corn, soybean and wheat have a 12.5$ tick value and they are quoted in 2 cents increments. However, I notice the ticks from 6 s to 00s are direct 4 cents increment without 8s.
I am attaching the market depth of wheat here. Does anybody know why this is so?
I checked CME contract specs but did not find anything.
I am attaching the market depth of wheat here. Does anybody know why this is so?
I checked CME contract specs but did not find anything.