by Atom Malchick
Report by Richard Stooker
Four different grains are traded on the futures exchanges of the United States (I'm fairly confident that some foreign exchanges supply rice futures): corn, wheat, soybeans and oats.All 4 have the very same contract size of five,000 bushels. The penny value of 1 contract (or the multiplier) is consequently . (That's.01 instances five,000.)However, the grains are traded down to the fourth of a cent. Consequently, every tick is really worth .50, and is
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