I'm sure this is a dumb question but why are 6J tick values different?

Discussion in 'Financial Futures' started by IronFist, Jun 26, 2008.

  1. I just made a +2 tick trade and made $25.00. Then I made a -2 tick trade and lost $24.99.

    The first one was long and the second one was short.

    Do you get credited interest on short positions or something?

    I'm sure there's an obvious reason for this...
  2. P/L should always be $12.50 per tick, your penny certainly doesn't have anything to do with interest.