Now that the NQ contract value is well above 10.000, I think the CME has to change the tick value from 0.25 to 0.50 at least or even 1.0 It's really impossible to follow a NQ DOM depth with 0.25 tick value What do you think? Furthermore I think the contract value is too big. The "EMINI" has a value of 200K Yes now emicros are an interesting solution but commissions are still too high The value of 20$ for 1 point could be halved to 10$ It has happened to the RUSSELL 2000....
Be careful what you wish for. It could end up costing us double in fees and commissions if they halve the contract value. For a short time CME will say, "dont worry you only pay half the commission" But a few years later they will up push it back to regular rates. But I wouldnt be happy with a full tick spread. Since when volatility dies back down we could be back to 50pt daily ranges. That would be just a 50 tick daily range. would suck.
The eminis are fine the way it is. We should be demanding lower commissions on the micros. I don't understand why 1/10 the size doesn't translate 1/10 the commission of the eminis.
Ok, but the problem of the tick value is for real 0.25 with 10k for NQ and 0.25 for ES with 3k makes no sense
Stop whining. Why were you not bitching about the thing in March when it kept going limit down with the same per/tick value? Seriously, what does the contract value have to do with anything? The specs have not changed, only the number itself.
But you thinking about it the wrong way. ES should have a 0.1 tick. Then the NQ tick size of 0.25 makes sense.
Stop whining? Lol I am using the DOM for daytrading the ES but I think NQ is a great opportunity to make more profits due to its structure. As I said it's impossible to read a NQ DOM with 0.25 tick value Maybe 0.50 tick value could change things better
In NT7 you can set the tick value to whatever you wish. Just go into the instrument manager and plug in whatever numbers. See if it makes it easier to trade on the DOM. (It won't) Your problem is not the damned DOM, it is the volatility of the instrument itself.
Sounds like a platform DOM feature can solve this. Not changing the contract spec and ruining it for other traders.
What!? Yes you can change artificially with that trick the tick value, but the bid ask depth is not the same. So what the f*ck are you talking about?