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»Forums Index »Archive (2017 and earlier) »IQFeed Developer Support »How to retrieve tick size and point value ?

Author	Topic: How to retrieve tick size and point value ? (5 messages, Page 1 of 1)
Dierk Droth -Interested User- Posts: 67 Joined: Aug 11, 2004	Posted: Aug 17, 2004 04:42 AM Msg. 1 of 5 Hi, I browsed the docs, but could not find any hint on how to retrieve the value of a point for a given symbol. In particular this is interesting for futures. As for tick size: The "price format code" (fundamental data) probably is right place to look up the size of a tick, right ? Any comment/hint is appreciated. Dierk Droth www.trademagic.net TradeMagic - Trading at its best Edited by Dierk Droth on Aug 17, 2004 at 04:58 AM
DTN_Jay_Froscheiser -VP, Product Operations- Posts: 1746 Joined: May 3, 2004 DTN IQFeed/DTN.IQ/DTN NxCore	Posted: Aug 17, 2004 08:07 AM Msg. 2 of 5 At this time we are not providing contract specs in the feed. Most of our customers who trade futures (a large majority of our customers) already know the specs of a contract if they are trading it. Other than that, they would need to visit the exchange to obtain official contract specifications. We do provide the display and precision indicators for futures contracts so you know how to process the quotes/trades (64ths, half of 64ths, etc). Jay Froscheiser DTN Market Access, LLC.
Dierk Droth -Interested User- Posts: 67 Joined: Aug 11, 2004	Posted: Aug 17, 2004 08:12 AM Msg. 3 of 5 Thanks Jay. Dierk Droth www.trademagic.net TradeMagic - Trading at its best
Dierk Droth -Interested User- Posts: 67 Joined: Aug 11, 2004	Posted: Aug 26, 2004 07:09 AM Msg. 4 of 5 The format code holds options for fractional and decimal prices. I'm a bit lost on the option "6, decimal (display as specified by the precision)", since options 11 thru 19 hold all potential decimal values. What's the meaning of option 6 ? Regards Dierk Droth www.trademagic.net TradeMagic - Trading at its best
DTN_Jay_Froscheiser -VP, Product Operations- Posts: 1746 Joined: May 3, 2004 DTN IQFeed/DTN.IQ/DTN NxCore	Posted: Sep 8, 2004 01:30 PM Msg. 5 of 5 right now I think we are sending only option 6 and aren't yet using 11-19. Thus, when you get 6, you need to look at the precision field to determine how many decimal places to display. Jay Froscheiser DTN Market Access, LLC.