Differences
This shows you the differences between two versions of the page.
| Both sides previous revision Previous revision | |||
| desktop:custom_strategies [2025/03/27 20:14] – [T4 Custom Strategies Calculations] rob | desktop:custom_strategies [2025/03/27 20:15] (current) – [T4 Custom Strategies Calculations] rob | ||
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| |**Ticks** |This is the price of the product as published by the exchange. Note that this value may not match the display price.| | |**Ticks** |This is the price of the product as published by the exchange. Note that this value may not match the display price.| | ||
| |**TickValue** |This is the cash value of a minimum tick for the product multiplied by the leg multiplier chosen for that leg, i.e. a leg multiplier of 3 with a $10 minimum tick creates a $30 TickValue.| | |**TickValue** |This is the cash value of a minimum tick for the product multiplied by the leg multiplier chosen for that leg, i.e. a leg multiplier of 3 with a $10 minimum tick creates a $30 TickValue.| | ||
| - | |Numerator |The minimum tick increment in the same terms as the " | + | |**Numerator** |The minimum tick increment in the same terms as the " |
| |**Denominator** |The value sent from the exchange that divides into Ticks to create a decimal value. | | |**Denominator** |The value sent from the exchange that divides into Ticks to create a decimal value. | | ||
| |**PriceCode** |If applicable, this applies a special conversion to a decimal value to create a more legible display price, i.e. a 10yr Note decimal price of 127.296875 becomes 127095 after applying the appropriate PriceCode.| | |**PriceCode** |If applicable, this applies a special conversion to a decimal value to create a more legible display price, i.e. a 10yr Note decimal price of 127.296875 becomes 127095 after applying the appropriate PriceCode.| | ||