will the CME Globex 10 Year Note 'tick' change?
with the below happening...will the CME Globex 10 Year Note "tick" still remain $15.625??...I think so but...please read below and confirm...thanks in advance!!!...read below...
CME Group intends to implement a number of enhancements in its interest rate products designed to deliver significant value to its customers. Beginning March 3, CME Group plans to reduce the minimum tick size for three of its most actively traded interest rate contracts, the 30-Year U.S. Treasury Bond futures contract and both the 5-Year U.S. Treasury Note futures and options on futures. Pending CFTC approval, CME will implement the following modification to the minimum tick size:
-- 30-Year U.S. Treasury Bond futures from 1/32nd to 1/2 of 1/32nd (from
$31.25 to $15.625)
-- 5-Year U.S. Treasury Note futures from 1/2 of 1/32nd to 1/4 of 1/32nd
(from $15.625 to $7.8125)
-- 5-Year U.S. Treasury Note options from 1/64th to 1/2 of 1/64th from
($15.625 to $7.8125)
CME Group intends to implement a number of enhancements in its interest rate products designed to deliver significant value to its customers. Beginning March 3, CME Group plans to reduce the minimum tick size for three of its most actively traded interest rate contracts, the 30-Year U.S. Treasury Bond futures contract and both the 5-Year U.S. Treasury Note futures and options on futures. Pending CFTC approval, CME will implement the following modification to the minimum tick size:
-- 30-Year U.S. Treasury Bond futures from 1/32nd to 1/2 of 1/32nd (from
$31.25 to $15.625)
-- 5-Year U.S. Treasury Note futures from 1/2 of 1/32nd to 1/4 of 1/32nd
(from $15.625 to $7.8125)
-- 5-Year U.S. Treasury Note options from 1/64th to 1/2 of 1/64th from
($15.625 to $7.8125)
I don't believe that the tick size for the 10 Year Note will change.
quote:I don't either...I went ahead and emailed CME group and will see what they say...I'll let it be known here...I really like trading the 10 tear note...high volume and good per tick $$ value...thanks for the reply
Originally posted by day trading
I don't believe that the tick size for the 10 Year Note will change.
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