tick value

How much money one smallest price step is worth for one whole trading contract.

The fuller meaning

The money value of a one-tick move for one contract: tick size times contract size. For a standard gold future a 0.10 move is worth 10 dollars; for the E-mini S&P 500 a 0.25-point tick is 12.50 dollars. It is essential for sizing futures positions from the stop.

tick value.

tick value

The fuller meaning

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