Non-Tech : Interactive Brokers / Timberhill


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To: Dominick who wrote (6537)4/28/2006 12:30:40 PM
From: RockyBalboa of 8972
 
Thats correct. (It is dollars rather than cents but the tick is that small, e.g. $0.005).

Imagine what a katrina like event can do to ones account when Natgas closed at $9.80 on Friday and reopened over $12 that Sunday night. Thats a gap of about 440 ticks...

a price deviation of $1 translates into a change in value of $2500 per contract (Size: 2500; 1/4 of the regular contract).
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