Current location - Trademark Inquiry Complete Network - Futures platform - The Chicago Board of Trade (CBOT) long-term treasury bond futures contract is quoted at 98 15, indicating that the contract value is USD ().
The Chicago Board of Trade (CBOT) long-term treasury bond futures contract is quoted at 98 15, indicating that the contract value is USD ().
A: A.

A: A.

Analysis of long-term treasury bond futures quotes in the United States, such as 98? 15 (or 98- 15), the quotation consists of two parts. 98? 15? . One part is called the integer part of treasury bond futures quotation, and the other part is called the decimal part of treasury bond quotation. Some price changes? 1? It means $65,438+000,000/65,438+000 = 65,438+0000. What are some values? 00 to 3 1? , using 32-bit decimal system, this part of the price changes? 1/32? On behalf of 1000? 1/32 = 3 1.25 USD. The contract value of this topic is (98+ 15/32)? 1000 = 98468.75 (USD).