S&P future, how to do the maths?

Discussion in 'Trading' started by Alexis, Mar 13, 2008.

  1. Alexis


    Hi all,

    Another question about the Emini S&P 500 future (CME)

    The tick infos from my broker are as follow:

    1 tick = 0,25 points =12,5usd

    Or, the market moves by 1/10th of points!!!

    from 1306,6 to 1306,7 for example. How do I do the maths, then?

    Is each tick worth 12,5/2,5?

    Thx in advance for your help!

  2. You don't "do the math"... all you need be concerned about is "change in the ES". Each tick is $12.50
  3. Right or wrong, it is the standard and you have to accept it.

    An analogy:
    Somebody may say "Why we don't have 1/4 cent coins"
    Someone else "why we don't have 1/10 cent coins"
    And so on ad infinitum.

    So standards must be set, even if they are not perfect.
  4. The S&P 500 Big contract trades in 10 cent ticks. The Emini small contract trades in 25 cent ticks worth $12.50 each ($50 per point).