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Symbol Settings for US Treasury Bond (ZB)

Posted: Mar 25 2011
by ventus
i'm using interactive brokers and received the following error message regarding my settings for the security...

"the price does not conform to the minimum price variation for this contract"

my current settings are:
price scale: 1/32 and j of 32nd
min. movement: 1
big point value: 1000

please advise...thanks in advance

Re: Symbol Settings for US Treasury Bond (ZB)

Posted: Mar 25 2011
by ilt000
Hi,

try with this price scale: 1/32 and 10th of 32nd

Bye

Re: Symbol Settings for US Treasury Bond (ZB)

Posted: Mar 31 2011
by ventus
Hi,

try with this price scale: 1/32 and 10th of 32nd

Bye
tried that but still getting the same error. any other suggestions? i'm trading the 10yr futures just fine using the price scale "1/32 and S of 32nd", it's just the 30yr that's giving me this error.

Re: Symbol Settings for US Treasury Bond (ZB)

Posted: Apr 05 2011
by ventus
bump. anyone?

Re: Symbol Settings for US Treasury Bond (ZB)

Posted: Apr 05 2011
by SP
Hi, the Min.Movement should be 10 instead of 1 and the Price Scale 1/32 and 10th of 32.

The easiest way to find correct settings for IB is to go to Tools->Symbol Dictionary->Data Source: esignal and double click on the Root you search (ie ZB) and copy that settings in your IB symbol settings or root.

Re: Symbol Settings for US Treasury Bond (ZB)

Posted: Apr 05 2011
by ventus
Hi, the Min.Movement should be 10 instead of 1 and the Price Scale 1/32 and 10th of 32.

The easiest way to find correct settings for IB is to go to Tools->Symbol Dictionary->Data Source: esignal and double click on the Root you search (ie ZB) and copy that settings in your IB symbol settings or root.
thanks SP i'll give that a try. but i looked at the esignal settings and in my QM the min. movement is set to 1. maybe it's just me?

either way, i appreciate the help and i'll report if it worked. thanks!