Market Updates

[IMPORTANT] CME Reduces Tick Size of CAD/USD Futures

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CME Announces Tick Size Reduction in 6C

Effective Sunday, July 10 (Monday, July 11 trade date), Chicago Mercantile Exchange Group Inc. will reduce the price increment of the Canadian Dollar/US Dollar Futures contract (6C) from 1 tick ($10 per contract) to ½ tick ($5 per contract).

As a result of this, P&L on open trades of 6C will reflect the new tick size. Depending on your trading platform, you may need to manually adjust your 6C tick settings in order to view accurate P&L on your trading platform.

 

NINJATRADER: Please click here for instructions to make the required changes along with a quick video tutorial reviewing the process.

ALL OTHER PLATFORMS: Platforms should adjust price quotations from .0001 to .00005 automatically. While the previous pricing appeared as .7701, .7702, .7703, etc., the new pricing will appear as .77010, .77015, .77020, .77025, .77030 and so forth. If yours does not, please contact the specific platform’s Support Department.

 

Posted by TopstepTrader on July 08, 2016
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