Glossary Archives - TJMacTrading

E-mini Futures Tick Sizes

October 23, 2010

Tick size or tick value for futures represents the minimum fluctuation in price of a futures contract. Rather than trade in penny increments like stocks, futures contracts trade in ticks. This value is denoted in various dollar amounts per contract. For euro futures a tick and pip is essentially the same thing. E-mini S&P Ticker Symbol: ES Value of 1 Tick: $12.50 Ticks per Point: 4 E-mini Dow Ticker Symbol: YM Value of 1 Tick: $5.00 Ticks per Point: 1…

Trading Lingo

Here you will find terms and lingo used at TJMacTrading and in the Trading World. Ask – The price someone is willing to sell the stock for. Ask Size – The number of shares/contracts in supply at that point in time. Asset – An item of economic value owned by a person or company which can be converted into cash. Bid – The price someone is willing to buy the stock for. Bid Size – The number of shares/contracts in…