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  1. Tag 6350-TickRule contains the VTT index code '1'.
  2. Since tag 6350-TickRule = is 1 for a market price of 510 (P = 510 > 500), the tick size for the contract is 10.

Variable Tick Table

VTT

Code

Current CME
Globex Price

CME Globex
Tick Size

1

P < -500

10

1

-500 ≤ P ≤ 500

5

1

P > 500

10

2

-5 ≤ P ≤ 5

0.5

2P < -51

2

P > 5

1

3

-10 ≤ P ≤ 10

1

3P < -102

3

P > 10

2

4

P < -500

25

4

-500 ≤ P ≤ 500

5

4

P > 500

25

10

P < -300

25

10

-300 ≤ P ≤ 300

5

10

P > 300

25

11

P < -300

10

11

-300 ≤ P ≤ 300

5

11

P > 300

10

12

P < -5

0.50

12

-5 ≤ P ≤ 5

0.25

12

P > 5

0.50

13

-25 ≤ P <  25

1

13

P <  -25

5

13

P > 25

5

Suggested Price Display Format

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Info

The resulting display of price and tick below are suggested by CME Group but are not required.

Instrument

CME Globex Tick
tag 969-MinPriceIncrement

CME Globex Price

tag 270-MDEntryPx

Display Factor

tag 9787-DisplayFactor

Display Tick

Display Price

ESH2

25

113700

0.01

.25

1137.00

GEM2

.5

9886.5

0.01

.005

98.865

CME Globex Price x Display Factor = Display Price
CME Globex Tick x Display Factor = Display Tick