Minimum price fluctuation


Minimum price fluctuation

Smallest increment of price movement possible in trading a given contract. Also called point or tick.


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Contract price Prices will be quoted in dollars and cents per fluctuations mWh and the minimum price fluctuation will be $0.01 per mWh.
The minimum price fluctuation will be $0.0001 per contract, equivalent to a tick value of $5 per contract.

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