VX min step is NOT 0.05 on chart, how to fix it?

November 2nd, 2016, 01:05 PM

Hello all,

VX futures minimum step is 0.05. However, the tradestation chart gives quotes like 18.07 (not 18.05 or 18.10). Clearly this is not the price one will get when sending an order. How can I fix it on the chart? Is there some kind of setting that disallows such quotes showing on the screen?

@kevinkdog - would you know how to solve the issue here?
Thank you

kevinkdog · November 2nd, 2016, 01:18 PM

alko

Hello all,

VX futures minimum step is 0.05. However, the tradestation chart gives quotes like 18.07 (not 18.05 or 18.10). Clearly this is not the price one will get when sending an order. How can I fix it on the chart? Is there some kind of setting that disallows such quotes showing on the screen?

@kevinkdog - would you know how to solve the issue here?
Thank you

Sorry I have never traded VX. But, I bet the prices you are seeing are from spread trades:

CBOE Futures Exchange - [AUTOLINK]Volatility[/AUTOLINK] Index ([AUTOLINK]VIX[/AUTOLINK]) Futures

Minimum Price Intervals/Dollar Value Per Tick:
0.05 points, equal to $50.00 per contract

The individual legs and net prices of spread trades in the VX futures contract may be in increments of 0.01 index points, which has a value of $10.00.

VX min step is NOT 0.05 on chart, how to fix it?

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VX min step is NOT 0.05 on chart, how to fix it?