Lowest Tick Value Markets?

March 10th, 2016, 05:42 PM

Hey guys! Which are the top five cheapest/lowest tick value markets/products that CME have to offer? Thx in advance!

March 10th, 2016, 07:52 PM

British pound is about $6, five-year note is about $8. Minimum price fluctuations are listed on the CME website. Click on whichever product then click Contract Specs. You also have the mini versions of Euro, Yen and grains. Mini dow is five bucks but don't let that fool you that's a fast moving market.

You must be a beginner, and the collective wisdom says beginners shouldn't trade futures, but if you do I think those markets I listed are more forgiving because of the smaller tick size.

March 11th, 2016, 12:16 PM

mrgufx

Hey guys! Which are the top five cheapest/lowest tick value markets/products that CME have to offer? Thx in advance!

What do you mean by cheapest though?

PariahCarey provided some good initial guidance. There's stuff available which tick value is even smaller, i.e. the micro EUR/USD has a tick size of 1.25 USD, which is probably the smallest you will find (I may be wrong).

But you may want to consider the benefit of a lower risk versus the overall cost of transaction when adding fees as well.

March 12th, 2016, 07:04 AM

Thanks for the replies. Barchart.com offer a comprehensive list of markets with their respective tick sizes. Yes, I agree that volatility has to be taken into account when one is pricing a market for possible future trading activity, and not just the tick size.

March 12th, 2016, 11:12 AM

5yr T Notes. Liquid, $7.81 a tick, and treasuries volatility is relatively lower with slower price action. Nothing like Oil, Gold or even ES.

Lowest Tick Value Markets?

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Lowest Tick Value Markets?