What is the tick value of ES futures in the cryptocurrency market?

1 answers

• aradSep 18, 2024 · 10 months ago
  The tick value of ES futures in the cryptocurrency market is $12.50. This means that for every 0.25 index point movement in the ES futures contract, the value of the contract changes by $12.50. It's important to consider the tick value when trading ES futures as it directly impacts your potential profits and losses. To calculate the tick value, you need to multiply the tick size by the contract multiplier. For ES futures, the tick size is 0.25 index points, and the contract multiplier is $50. Multiplying these values gives you the tick value of $12.50. Keep in mind that tick values may vary for different futures contracts, so it's crucial to check the contract specifications provided by the exchange. Understanding the tick value helps traders manage risk and determine appropriate position sizes when trading ES futures in the cryptocurrency market.
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