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The difference between 95.6250 and 95.5050 is 12
points or $300.
It is, indeed, a little confusing because
the quotes will show as 95625, the order entry software recognizes 956250
and the brokerage statements will show 95.6250.
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Randy
Barlow
To: <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx
Sent: Tuesday, June 19, 2001 4:38
PM
Subject: EuroDollar
I am considering trading the EuroDollar. I do not
understand the point system. I know each point is worth $25.00,
but
how are the points determined?
Example: Close: 95.6250
<FONT face=Arial
size=2>
Open: 95.5050
Do you delete the last Zero, then this was a
$120.00 move?
Thanks
How Long a Minute is, depends onwhich side of
the Bathroom Door you are on.
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