What is 1 pip ( tick ) worth | Currency Futures


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What is 1 pip ( tick ) worth

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Madrid - Spain
 
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rleplae View Post
You can find the contract specification on the CME site

an example for 6E :
http://www.cmegroup.com/trading/fx/g10/euro-fx_contract_specifications.html

you can see 1 tick for 1 contract = 12.5 $

same information is available for other contracts/instruments

pip = FX
tick = futures


Let me try for if (all of) you agree:

pip = usual in FX.
tick = usual in futures, but it's correct if you use it in FX.

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