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TF value cut in half
Updated November 22, 2016
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#1 (permalink
Canada
Experience: Advanced
Platform: Sierra, Jigsaw
Broker: AMP/Rithmic
Trading: NQ, ES, ES Options, VX, MNQ, MES
Posts: 213 since Aug 2013
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Ice exchange as of December 5th will be cutting the value of a TF contract in half, so tick value will be $5 instead of the current $10 per tick. They are cutting exchange fees in half as well. The make an interesting point, the index futures have gone up considerably in the last 5-6 years, since the market bottom in 2009 for example an ES contract has gone from 35k notional approx to 110k notional, approx., so you are trading 3x the size per contract, essentially. CME will follow suit? I personally wouldn't mind a 1/2 Size ES and NQ, easier to scale in and out, though more comms for the brokers of coursehttps://www.theice.com/publicdocs/futures_us/Russell_Multiplier_Change_FAQ.pdf?utm_source=ProductGuide&utm_medium=promo
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#3 (permalink
Leeds UK
Experience: Intermediate
Platform: TradingView
Broker: LCG, Oanda
Trading: ES, 6E, Cable
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Japhro
I personally wouldn't mind a 1/2 Size ES and NQ
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#4 (permalink
Canada
Experience: Advanced
Platform: Sierra, Jigsaw
Broker: AMP/Rithmic
Trading: NQ, ES, ES Options, VX, MNQ, MES
Posts: 213 since Aug 2013
Thanks: 33 given,
193
received
Tymbeline
ES, perhaps; NQ is only $5 per tick to start with?
tick value
Last Updated on November 22, 2016
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