Tag: crude oil trading

Tick Values Explained for Beginner Traders

CME Group, responsible for the E-mini S&P and other global markets, has been producing some great videos lately. This one discusses tick movements. If you’re a beginner trader, you should really watch this. All futures contracts have a minimum price fluctuation. This minimum movement is called a “tick.” Although a market’s price movement is seemingly random, the value for each tick is always the same because it’s defined by the exchange. In the case of the E-mini S&P 500, the CME (Chicago Mercantile Exchange) has structured the E-mini S&P 500 so that each tick is worth $12.50. Each market (aka...