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
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
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