FUTU HK Help Center-Point-based quotation (only available on PC)
English
Back
Open Account
Clear
All
Quotes
News
Learn
Help
All
HK
US
CN
SG
AU
JP
All
News
Announcements
Reports
No matches yet
Operations too frequent. Please try again later.
Please check network settings and try again Refresh Refresh
Loading
History record
    Latest News
    Quotes More
    News More
    Learn More
    Help More
    Loading
    News More
    Announcements More
    Reports More
    Help Center Trading Ability Futures / Futures Options Trading Rules Point-based quotation (only available on PC)

    Point-based quotation (only available on PC)

    US Treasury futures trade in full percentage points. The 5-year US Treasury contract, for example, has a minimum tick size of 1/4 of 1/32 of a point. For example, 119'160 represents 119 16/32, 119'162 represents 119 16.25/32, 119'165 represents 119 16.5/32, and 119'167 represents 119 16.75/32. Par value is based on 100 points.

    On Futubull, US Treasury futures are quoted in decimal format by default.

    Example: 119'167 = 119 + 16.75/32 = 119.5234375

    If you choose the point-based quotation, the order price you enter is assumed to be a point-based price, but the trading system will automatically convert it to a decimal price according to the conversion rules before placing an order. After the order is placed, you can view the actual order price on your mobile or by converting the point-based price to a decimal price.

    1. Supported varieties

    Currently we support US futures and US Treasury-related futures


    2. Settings

    On your PC, go to 「System Settings」 > 「Appearance」 > 「Data Display」, and check 「1/32 Points」


    3. Rules

    The conversion rules are detailed as follows:

    3.1 Conversion from a point-based price to a decimal price

    3.2 Conversion from a decimal price to a point-based price

    The decimal corresponding to the last place of each point-based price can be found in the comparison table below:

    Decimal

    Last place of a point-based price

    0

    0

    0.125

    1

    0.25

    2

    0.375

    3

    0.4

    4

    0.5

    5

    0.625

    6

    0.75

    7

    0.875

    8

    0.9

    9


    4. Risk statement

    4.1 If you choose the point-based quotation, the order price you enter is assumed to be a point-based price, but the trading system will automatically convert it to a decimal price according to the conversion rules before placing an order.

    Therefore, the converted order price may not be accurate, and Futu does not guarantee a best order price.

    (1) Example 1: Under the decimal quotation, both 119.52375 and 119.5234375 can be converted to the same point-based number, i.e. 119'167.

    However, if you place an order at 119'167, the actual order price will be 119.5234375 according to the conversion rules.

    (2) Example 2: You place an order at the decimal price of 119.52375 on your mobile phone. On PC, the price will be 119'167 if displayed in point-based format. If you modify the order on PC by editing the price to 119'167 (no change in number), the actual order price will change (since the decimal price corresponding to 119'167 is calculated as 119.5234375 according to the conversion rules).

    4.2 The point-based quotation is a convenient online trading method specially developed by Futu for clients. Please fully understand the above rules before making any decision. Futu Securities shall not be responsible for any loss of any kind.

    Overview