PIP, PIPCost, etc for Futures contracts

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PIP, PIPCost, etc for Futures contracts #485516 03/19/22 06:28 03/19/22 06:28
Joined: Apr 2019 Posts: 53 Canada A aelagha OP Junior Member
aelagha OP Junior Member A Joined: Apr 2019 Posts: 53 Canada	Hi there, I am trying to understand how you would set PIP, PIPCost, Lots, Margin, Multiplier, etc for futures contract in order to get valid backtest results and performance metrics. I am a bit confused and looking for help. If I take the CME Euro Fx futures contract as an example, 6E (https://www.cmegroup.com/markets/fx/g10/euro-fx.contractSpecs.html): Contract size is 125,000 Euros: PIP = 0.00005 PIPCost = 6.25 LotAmount: 1 since you can only trade multiples of one contract Lots: multiples of one contract - trade size Margin: whatever your broker margin is Multiplier: is this 125,000? Is my understanding correct, or is it all missed up Appreciate your help. Last edited by aelagha; 03/20/22 21:48.

Entire Thread
Subject	Posted By	Posted
PIP, PIPCost, etc for Futures contracts	aelagha	03/19/22 06:28
Re: PIP, PIPCost, etc for Futures contracts	aelagha	03/20/22 07:23
Re: PIP, PIPCost, etc for Futures contracts	AndrewAMD	03/20/22 17:24
Re: PIP, PIPCost, etc for Futures contracts	aelagha	03/20/22 21:49

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