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WIG20 futures contracts with a multiplier of PLN 20 - GPW

WIG20 futures contracts with a multiplier of PLN 20 - GPW

WIG20 futures contracts with a multiplier of PLN 20 - GPW

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Advantages <strong>of</strong> the New Multiplier (1)<br />

The key advantage <strong>of</strong> new <strong>contracts</strong> is the tick value, which is double that <strong>of</strong><br />

currently listed <strong>contracts</strong><br />

The tick value <strong>of</strong> existing <strong>futures</strong> <strong>contracts</strong> is <strong>PLN</strong> 10 and that <strong>of</strong> new <strong>contracts</strong> will<br />

be <strong>PLN</strong> <strong>20</strong><br />

Assuming that commissions charged by brokers to clients will remain unchanged,<br />

many investors will for the first time be able to make gains on change <strong>of</strong><br />

the contract price by only one tick<br />

-8-

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