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How to calculate notional value of ZN U9

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  • How to calculate notional value of ZN U9

    I ran into a snag in building a spread formula this morning.

    I need to calculate the notional value of ZN #F the ten year note future.

    I know to separate the handle from the fraction and multiply each side separate on paper. But how can I do this this inside of a spread symbol?

    So for example:

    ZN #F is 115'225 last

    then the notional value of the contract is

    (115*100000) + (22.5 * 15.625)= 115,351.5625

  • #2
    evoit,

    The Spread Symbol Setting is unable to convert the fraction format into the correct decimal value need to calculate the notional value.

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