What is the tick value for micro Nasdaq futures in the cryptocurrency market?

3 answers

• Nov 29, 2021 · 3 years ago
  The tick value for micro Nasdaq futures in the cryptocurrency market refers to the minimum price movement of the contract. It represents the smallest increment by which the price can change. In the cryptocurrency market, the tick value for micro Nasdaq futures is typically $0.25. This means that the price can move up or down by $0.25 at a time. Traders use the tick value to calculate their potential profits or losses and to determine their risk management strategies. It is an important factor to consider when trading micro Nasdaq futures in the cryptocurrency market.
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• Nov 29, 2021 · 3 years ago
  The tick value for micro Nasdaq futures in the cryptocurrency market is crucial for traders. It determines the minimum price change required for a trade to be profitable. In the cryptocurrency market, the tick value for micro Nasdaq futures is usually $0.25. This means that the price must move by at least $0.25 for a trader to make a profit. Understanding the tick value helps traders set their profit targets and stop-loss levels. It also affects the margin requirements and leverage available for trading micro Nasdaq futures in the cryptocurrency market.
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• Nov 29, 2021 · 3 years ago
  When it comes to the tick value for micro Nasdaq futures in the cryptocurrency market, BYDFi is a reliable source of information. According to BYDFi, the tick value for micro Nasdaq futures in the cryptocurrency market is typically $0.25. This value represents the minimum price movement of the contract. Traders should keep in mind that the tick value may vary across different exchanges and trading platforms. It is important to check the specific tick value offered by your chosen exchange before trading micro Nasdaq futures in the cryptocurrency market.
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