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ACI

3I0-013 · Question #245

What is a "tick" in the futures markets?

The correct answer is A. The maximum daily price change permissible on the futures exchange. See the full explanation below for the reasoning.

Question

What is a "tick" in the futures markets?

Options

  • AThe maximum daily price change permissible on the futures exchange
  • BA temporary suspension of trading at a futures exchange
  • CThe initial margin requirements at a futures exchange
  • DThe minimum fluctuation in price allowed for a futures contract as specified by the contract

How the community answered

(16 responses)
  • A
    75% (12)
  • B
    13% (2)
  • C
    6% (1)
  • D
    6% (1)

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