SAP ABAP Data Element TBA_TICK_VALUE (Tick Value)
Hierarchy
PI_BASIS (Software Component) Basis Plug-In
   CA-GTF-TRB (Application Component) Financial Risk Management Basis
     FTR_BASIS_PERSISTENCY (Package) Treasury Basis Objects - Data Persistency
Basic Data
Data Element TBA_TICK_VALUE
Short Description Tick Value  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type TBA_DEC13_7    
Data Type DEC   Counter or amount field with comma and sign 
Length 13    
Decimal Places 7    
Output Length 15    
Value Table      
Further Characteristics
Search Help: Name    
Search Help: Parameters    
Parameter ID   
Default Component name    
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short 10 Tick Value 
Medium 15 Tick Value 
Long 20 Tick Value 
Heading 15 Tick Value 
Documentation

Definition

The monetary value of a derivative price change by one tick.

Use

Dependencies

Example

The E-Mini S&P 500, for example, has a tick size of 0.25 with a tick value of USD 12.50. Each time that the price moves 0.25 (such as from 1100.50 to 1100.75), the value changes by USD 12.50, either up or down depending on the direction of the price movement.

History
Last changed by/on SAP  20130604 
SAP Release Created in 740