NexusFi: Find Your Edge


Home Menu

 





Interest Rate " Price Change " help ....


Discussion in Treasury Notes and Bonds

Updated
    1. trending_up 1,570 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 1 attachments




 
Search this Thread

Interest Rate " Price Change " help ....

  #1 (permalink)
 mdsvtr 
Memphis,TN
 
Posts: 232 since Sep 2010

I will admit, that I have had help from members on here, to help me wrap my brain around Bonds and T-Notes and the way that they are calculated to figure out the PnL is , based on the price change for each.

I have noticed that certain financial websites, have different ways in which they post the price changes for Bonds and T-Notes

So I am trying to take all of these different ways that they can be written, and keep them in my notebook, so that I can quickly refer to it when I see these price changes written in there various formats ( I have attached a screenshot showcasing the examples below )

For example:

the ZB shows a price change of 0.5312
ZN shows 0.25
ZT shows 0.0469

First, what would be the Dollar amount made/lost from the 3 formentioned symbols be?

Second , using ZB and the price change of 0.5312 ..... could this also be written as , 0-53 OR 0'53 ?
and it could be written as 0-25 OR 0'25 for ZN ?

Sorry for my ignorance ,
just trying to get it set in stone the way that the price changes for Bonds and T-notes can be written

Attached Thumbnails
Click image for larger version

Name:	2015-06-18 19_22_12-Commodity Trading Prices - Internet Explorer.png
Views:	158
Size:	13.9 KB
ID:	185166  
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #3 (permalink)
 Coastline 
PA
 
Experience: Intermediate
Platform: NT
Trading: ES
Posts: 27 since Jul 2010
Thanks Given: 265
Thanks Received: 37


For ZB (30 Year US Bond), prices are quoted in 32nds of a point. So, a price of 128-17/32 (or just 128-17) would be the decimal equivalent of 128.53125. The value of one full point is $1000, so a move from 128-00 to 128-17 would be $531.25.

For ZN (10 Year Note), prices are quoted in 32nds and halves of 32nds. So, a price of 126-19 1/2 would be the decimal equivalent of 126.609375. The value of one full point is $1000, so a move from 126-00 to 126-19 1/2 would be $609.38.
In your example, a price change in ZN of .25 would be 8/32, or $250.00.

For ZT, (2 Year Note), prices are 32nds and quarters of 32nds. So, a price of 109-14 1/4 (or 109-142) would be the decimal equivalent of 109.4453125. The value of one full point is $2000, so a move from 109-00 to 109-14 1/4 would be $890.63.
In your example, a price change in ZT of .0469 would be 1.5/32, or $$93.75.

[Hopefully I got all the math right!]

Reply With Quote
Thanked by:
  #4 (permalink)
 mdsvtr 
Memphis,TN
 
Posts: 232 since Sep 2010

Coastline,

Thanks so much

Really appreciate you calculating those out

Reply With Quote




Last Updated on June 19, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts