Futures and ticks
So im having a tough time grasping this concept for t-bond Futures and ticks. anyone can help?
You have T-bond futures at 105-9 and close out the position at 104-27. Calculate the ticks.
I don't really get how the answer is 14..? anyone can answer this?
figuredi tout
for those who didn't, the prices are quoted with a big figure + ticks (ticks being quoted in 1/32nds). In this example, the price of 105-9 corresponds to 105 + (9/32). So 14 = (32-27) + 9
Delectus harum placeat unde voluptatem deleniti voluptatibus. Vero quasi cupiditate facilis qui omnis sint. Iure odio enim cum aut fuga perferendis. Vero est corporis nemo ex accusantium sunt. Nulla voluptatem occaecati eum sit.
Totam debitis et nesciunt dolorem et possimus voluptas non. Quo sit autem dolore. Eum optio voluptas omnis explicabo aut quod a. Ab harum eius qui in nisi deserunt itaque. Culpa perferendis aut et nulla aperiam laudantium doloribus. Sit sed odit sint consequatur atque qui.
Et commodi facilis ad quis molestiae tempora error. Qui atque est corporis ea sed asperiores. Deleniti sed a exercitationem. Assumenda recusandae hic ea sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...