Danish Futop Index
Posted: Thu Jul 08, 2010 8:09 am
Dont have the ability to trade it right now so cannot buy and sell quickly to find out the tick value
Having researched the internet for 2 hours and spoken to the London Representative office of Nasdaq OMX (They have no idea what a tick value is on their own product) - can anyone assist
i.e. what is the tick value of the Danish Futop Future
CSI and various websites clearly indicate its now dkk 10,000 times the index for the contract size
This means its 10,000 DKK big point value which seems far too large given the daily movements (would be about 4-5000 usd per day per contract)
anyone have a simle answer ?
Thanks in advance
Having researched the internet for 2 hours and spoken to the London Representative office of Nasdaq OMX (They have no idea what a tick value is on their own product) - can anyone assist
i.e. what is the tick value of the Danish Futop Future
CSI and various websites clearly indicate its now dkk 10,000 times the index for the contract size
This means its 10,000 DKK big point value which seems far too large given the daily movements (would be about 4-5000 usd per day per contract)
anyone have a simle answer ?
Thanks in advance