{"id":3889,"date":"2019-08-23T18:33:24","date_gmt":"2019-08-23T18:33:24","guid":{"rendered":"http:\/\/www.csidata.com\/?page_id=3889"},"modified":"2019-08-23T18:34:01","modified_gmt":"2019-08-23T18:34:01","slug":"units-and-contract-value","status":"publish","type":"page","link":"https:\/\/www.csidata.com\/?page_id=3889","title":{"rendered":"Units and Contract Value"},"content":{"rendered":"<h3>Units<\/h3>\n<p>For futures, the units are displayed like this:<\/p>\n<p>(UnitNumeratorMultiplier) CurrencyCode \/ (UnitDenominatorMultiplier) UnitDenominatorTypeId<\/p>\n<p>For example, for #2 Live Cattle,<\/p>\n<p>Units = 0.01 USD \/ 1 lb<br \/>\n(In other words, cents\/lb)<\/p>\n<p>For #65 Japanese Yen<\/p>\n<p>Units = 1 USD \/ 100 JPY<\/p>\n<h3>Contract Value<\/h3>\n<p>The Contract Value = Contract Size x Price<\/p>\n<p>For #2 Live Cattle,<\/p>\n<p>Contract Value = 40000 (lb) x 105 (cents\/lb) = 4,200,000 cents = $42,000 USD<\/p>\n<p>FullPointValue x Price also works. This is because FullPointValue is always in terms of the whole currency instead of cents.<\/p>\n<p>Contract Value = 400 x 105 = $42,000 USD<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Units For futures, the units are displayed like this: (UnitNumeratorMultiplier) CurrencyCode \/ (UnitDenominatorMultiplier) UnitDenominatorTypeId For example, for #2 Live Cattle, Units = 0.01 USD \/ 1 lb (In other words, cents\/lb) For #65 Japanese Yen Units = 1 USD \/ 100 JPY Contract Value The Contract Value = Contract Size x Price For #2 Live [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/pages\/3889"}],"collection":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.csidata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3889"}],"version-history":[{"count":2,"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/pages\/3889\/revisions"}],"predecessor-version":[{"id":3891,"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/pages\/3889\/revisions\/3891"}],"wp:attachment":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}