Determine the tick size dollar tick value and point value


Using information from the CME Group website, determine the tick size, dollar tick value, and point value for the following contracts (note: be able to show your work in determining these values):

E-mini S&P 500 (/ES), Big S&P 500 (/SP), E-mini Dow (aka $5 Dow) (/YM), E-mini Nasdaq 100 (/NQ)

Wheat (/ZW)

2-year T-Note (/ZT), 10-year T-Note (/ZN)

Look up the initial margin and the maintenance margin for the several of the contracts listed in Q#1 and determine the margin account values (for both long and short positions) if the price moves up 3 ticks.

For the contracts you observed, determine the number of ticks movement from the initial margin to the maintenance margin (i.e., how many ticks must the contract go against you for a margin call?). What price for the futures contract will trigger a margin call for the long position? For the short position?

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Financial Management: Determine the tick size dollar tick value and point value
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