What is the tick value of micro e-mini contracts in the cryptocurrency market?
Mohan DuttDec 25, 2021 · 3 years ago1 answers
Can you explain what the tick value of micro e-mini contracts is in the cryptocurrency market? How does it affect trading and profitability?
1 answers
- Dec 25, 2021 · 3 years agoAt BYDFi, the tick value of micro e-mini contracts in the cryptocurrency market is $0.01. This means that each tick movement in the price of these contracts represents a profit or loss of $0.01 per contract. Traders can use this information to calculate their potential profits and losses, manage risk, and make informed trading decisions. It's important to note that the tick value may vary across different exchanges and contracts, so traders should always check the specific tick value for the contracts they are trading on their chosen exchange.
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