Minimum price fluctuation

Definition
Minimum Price Fluctuation
Smallest increment of price movement possible in trading a given contract.
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Minimum Price Fluctuation
The smallest increment of market price movement possible in a given futures contract.

Minimum price fluctuation
Smallest increment of price movement possible in trading a given contract. Also called point or tick. Related: Point, Tick minimum variance zero-beta portfolio. The zero-beta portfolio with the least risk.

Minimum Price Fluctuation - The smallest allowable increment of price movement for a contract.

Minimum Price Fluctuation
The minimum price change or tick on a futures contract.
Mixed Lot or Broken Lot
An order with a volume that combines any number of board lots and an odd lot.

Minimum Price Fluctuation: See Tick : The smallest allowable increment of price movement for a contract. Also referred to as minimum price fluctuation.

Minimum Price Fluctuation
Price changes for outright transactions, including EFPs, are in multiples of one-half cent (0.5c or $0.005) per troy ounce, equivalent to $25.00 per contract.

Minimum Price Fluctuation: See Tick.
Money Supply: The amount of money in the economy, consisting primarily of currency in circulation plus deposits in banks: M-1-U.S.

point: The minimum price fluctuation of a contract.
point-and-figure chart: Charts that show price changes of a minimum amount regardless of the time period involved.

Point Related: Minimum price fluctuation. Policy asset allocation A long-term asset allocation method, ...

Generally, option prices are quoted in ticks or minimum price fluctuations. The dollar value of a tick can vary from market to market and is described in the contract specifications for that market.

Minimum price fluctuations are one cent a ton. Central Appalachian coal trading terminates in the month before delivery and contracts are available for the current year and next four years.

1. The pair makes a new range low at least 25 pips (a pip is the forex equivalent of a tick, or minimum price fluctuation) below the opening price after the early Frankfurt/London trading in the GBP/USD rate begins around 1 a.m. ET.

The smallest allowable increment of price movement for a contract. Also referred to as Minimum Price Fluctuation.
Time Limit Order
A customer order that designates the time during which it can be executed.

Point
The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.

Tick: Refers to a minimum change in price up or down. An up-tick means that the last trade was at a higher price than the one preceding it. A down-tick means that the last price was lower than the one preceding it. See Minimum Price Fluctuation.

Swing Traders speculate longer term on prices of stocks, futures, etc. Tick The minimum price fluctuation price action can make. In the S&P 500 Eminis the minimum movement is $12.50. So each "tick" is $12.50.

See also: Trading, Contract, Future, Futures, Market