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What is the tick value for 10-year treasury futures in the cryptocurrency market?

avatarDushant ChoudharyDec 29, 2021 · 3 years ago3 answers

In the cryptocurrency market, what is the tick value for 10-year treasury futures? How does it affect trading and profitability?

What is the tick value for 10-year treasury futures in the cryptocurrency market?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The tick value for 10-year treasury futures in the cryptocurrency market refers to the minimum price movement of the futures contract. It represents the smallest increment by which the price can change. This tick value is important for traders as it determines the profit or loss on each contract. A smaller tick value allows for more precise trading, while a larger tick value may require larger price movements to generate profits. It is essential for traders to understand the tick value and factor it into their trading strategies to optimize profitability.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to the tick value for 10-year treasury futures in the cryptocurrency market, it's crucial to consider the specific exchange or platform you are trading on. Different exchanges may have different tick values for the same futures contract. It's recommended to check the exchange's documentation or contact their support team to get accurate information on the tick value. Understanding the tick value is essential for risk management and determining position sizes in futures trading. It helps traders calculate potential profits or losses and set appropriate stop-loss and take-profit levels.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, a leading cryptocurrency exchange, the tick value for 10-year treasury futures is $1. This means that each tick represents a $1 movement in the price of the futures contract. Traders can use this tick value to calculate their potential profits or losses and manage their risk accordingly. It's important to note that tick values may vary across different exchanges, so it's always recommended to check the specific exchange's documentation or contact their support team for accurate information.