ZN Custom Tick Size

[Futures_Shark]

The ZN Tick size should be .003125 so that the prices show up as 107 105/320 instead of 107 21/64. however this tick size is not available when editing the instrument. Is it possible to add this tick size or are the tick sizes hard coded?

[NinjaTrader_Dierk]

http://www.cbot.com/cbot/pub/cont_detail/1,3206,1520+14433,00.html

ZN is traded in halfs of a 32th. NT represents this as 64th. Unfortunately there is no way to change that.

[Futures_Shark]

Well I'd like to suggest that you either allow the tick size list to be customized by the user or add .003125. Any semi-professional trader will be looking at all US treasuries in relation to the bond which trades in 1/32 and is considered one tick in all the treasuries. The ZN is commonly referred to as trading in half ticks rather than 64ths.

[NinjaTrader_Dierk]

Thanks for your suggestion. We'll add it to the list.

[Json]

I would just like to add my support for a price change in the treasuries.

I can assure you in the cash market for treasuries as well as most futures platforms 64ths is not the convention. It is either 107 12+ or 107 125 to express 107.390625. Using 64ths might seem like a simple solution except when you try trading off the cash market when its expressed in halfs.
With these unneeded mental conversions, a trader who trades or even watches basis is not likley to consider NT until this is addressed.


Json

[NinjaTrader_Dierk]

Thanks for your comments.