Futures · Rookie
Tick value
What does Tick value mean?
Tick value is the monetary gain or loss for a one-tick price move in one contract. It depends on the contract multiplier and tick size.
Example
An illustrative $5 tick value means eight favorable ticks earn $40 per contract before costs.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Multiply by the number of contracts to calculate the total position result.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.