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Wheat trading
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Wheat trading

  #1 (permalink)
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Wheat trading

Hi,

I'm starting now to trade futures and I have a question on ZW (Wheat): using Ninja I noticed that the ticksize is 0.25, but using QST platform I see that the increment is different, QST is using ^ and seems that the increment is from 0,1,2,3,4,5,6,7! What ^ mean?

Thank you!

forexboom

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  #3 (permalink)
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forexboom View Post
Hi,

I'm starting now to trade futures and I have a question on ZW (Wheat): using Ninja I noticed that the ticksize is 0.25, but using QST platform I see that the increment is different, QST is using ^ and seems that the increment is from 0,1,2,3,4,5,6,7! What ^ mean?

Thank you!

forexboom

According to contract specifications for the CME traded wheat futures the tick size is 0.25 cents per bushel, which amounts to $ 12.50 per contract (contract multiplier = 5,000 bushels).

http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/wheat_contract_specifications.html

I had a quick look at QST. It is not clear what ^4 means. QST seems to have delayed or inaccurate data, and the daily highs and lows are false. I do not understand why you want to use it at all.

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