CME to cut EUR Futures price increment in half on January 10  [SOLVED]

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Stormy
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CME to cut EUR Futures price increment in half on January 10

Postby Stormy » 19 Nov 2015

Hello,
The CME is reducing the tick increment of the EURO Futures ( 6E ) contract for outright transactions from $.0001 ($12.50) to $.00005 ($6.25) per Euro Effective Sunday, January 10, 2016 for trade date Monday, January 11, 2016.

Please confirm if Multicharts will be able to accommodate this change in the DOM.


Thank You!

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TJ
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Re: CME to cut EUR Futures price increment in half on Januar  [SOLVED]

Postby TJ » 19 Nov 2015

Hello,
The CME is reducing the tick increment of the EURO Futures ( 6E ) contract for outright transactions from $.0001 ($12.50) to $.00005 ($6.25) per Euro Effective Sunday, January 10, 2016 for trade date Monday, January 11, 2016.

Please confirm if Multicharts will be able to accommodate this change in the DOM.


Thank You!
The increment value is in your QuoteManager.
Look under the symbol root --> Min. Movement.

Stormy
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Re: CME to cut EUR Futures price increment in half on Januar

Postby Stormy » 10 Jan 2016

The CME has made this change, the charts show a 1/2 tick trade but the DOM does not.

Please advise urgently?

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arnie
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Re: CME to cut EUR Futures price increment in half on Januar

Postby arnie » 11 Jan 2016

The CME has made this change, the charts show a 1/2 tick trade but the DOM does not.

Please advise urgently?

TJ already replied.
Go to QuoteManager and set the price scale to 1/100000 and the min movement to 5.
All this should be given by your feed provider

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Re: CME to cut EUR Futures price increment in half on Januar

Postby Stormy » 11 Jan 2016

That worked! Thank You for your help.

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Re: CME to cut EUR Futures price increment in half on Januar

Postby orion » 15 Jan 2016

This is not an MC issue but I am posting on this forum in the hope that some knowledgeable user can help. Can someone please advise as to what is the best way to track contract changes. My data provider did not provide any notice of this change even though their datafeed started providing the data with the new change. Is there a place on CME and ICE websites where contract change announcements are prominently displayed? Thanks.

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Re: CME to cut EUR Futures price increment in half on Januar

Postby arnie » 15 Jan 2016

This is not an MC issue but I am posting on this forum in the hope that some knowledgeable user can help. Can someone please advise as to what is the best way to track contract changes. My data provider did not provide any notice of this change even though their datafeed started providing the data with the new change. Is there a place on CME and ICE websites where contract change announcements are prominently displayed? Thanks.
The best place will be always the exchange website, namely the contract page.
If you go to the EuroFX page, at the top there's a notice regarding that change

http://www.cmegroup.com/trading/fx/g10/euro-fx.html

Image

Also, nowadays many of that information is announce via Twitter so it's always advisable to follow the exchange tweets.
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orion
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Re: CME to cut EUR Futures price increment in half on Januar

Postby orion » 15 Jan 2016

Thanks arnie. Is there a more effective way to track this? I use over 40 futures and I would like to avoid having to visit the exchange page for each individual contract. Is there a central place one can easily monitor for all contract changes?

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Re: CME to cut EUR Futures price increment in half on Januar

Postby arnie » 15 Jan 2016

Thanks arnie. Is there a more effective way to track this? I use over 40 futures and I would like to avoid having to visit the exchange page for each individual contract. Is there a central place one can easily monitor for all contract changes?
Well, the broker should warn their clients regarding such changes.
You can also try the exchanges newsletters.


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