How does the tick value of Emini Russell 2000 futures compare to other cryptocurrencies?

3 answers

• HinosenAug 18, 2023 · 2 years ago
  Sure! The tick value of Emini Russell 2000 futures represents the minimum price movement of the contract. It is calculated by multiplying the tick size by the contract multiplier. On the other hand, cryptocurrencies like Bitcoin and Ethereum do not have a fixed tick value. The tick value of cryptocurrencies is determined by the market and can vary based on factors such as liquidity and trading volume.
  404

  202
• Stefy PiMay 09, 2023 · 3 years ago
  The tick value of Emini Russell 2000 futures is typically higher than that of cryptocurrencies. This is because futures contracts are standardized and regulated financial instruments, while cryptocurrencies are decentralized and traded on various exchanges. The tick value of cryptocurrencies can also be influenced by market volatility and liquidity. It's important to note that the tick value of cryptocurrencies can change over time, so it's essential to stay updated with the latest market information.
  506

  169
• Pratiyush Kumar SinghAug 05, 2023 · 3 years ago
  As an expert in the field, I can tell you that the tick value of Emini Russell 2000 futures is different from cryptocurrencies like Bitcoin and Ethereum. While the tick value of futures contracts is determined by the exchange and remains constant, cryptocurrencies have a more flexible tick value that can vary across different exchanges. For example, on BYDFi, the tick value of cryptocurrencies may be different from other exchanges. It's always a good idea to check the tick value of cryptocurrencies on the specific exchange you are trading on.
  548

  137