I was looking over CNBC.com website, looking at the quotes for the Futures , and saw that they list the PnL of the Grains in a different way, then other websites I have seen ( I have attached a screenshot )
If I am breaking it down correctly,
for Soybeans for instance .....
it showed 970.75 as it's current price ( earlier this morning )
a PnL of -7.50
and a percent change 0f -0.77%
So I converted 970.75 to .... 9.7075 ( moved the decimal two places to the left )
Then I converted the 7.50 to ..... .0750 ( by also moving the decimal two places to the left )
For a loss in Soybeans of -$375
Just want to make sure that I am converting this way of the price change ( -7.50 ) correctly
And lastly please, using the above example .....
can 7.50 also be written as ..... 7'4 and 7 4/8 ?
I only ask, because I see that certain websites write the price changes for the Grains, different from one another
I have attached a screenshot, showing the PnL for the three Grains
Thanks for the help ,
I really appreciate it
If I am breaking it down correctly,
for Soybeans for instance .....
it showed 970.75 as it's current price ( earlier this morning )
a PnL of -7.50
and a percent change 0f -0.77%
So I converted 970.75 to .... 9.7075 ( moved the decimal two places to the left )
Then I converted the 7.50 to ..... .0750 ( by also moving the decimal two places to the left )
For a loss in Soybeans of -$375
Just want to make sure that I am converting this way of the price change ( -7.50 ) correctly
And lastly please, using the above example .....
can 7.50 also be written as ..... 7'4 and 7 4/8 ?
I only ask, because I see that certain websites write the price changes for the Grains, different from one another
I have attached a screenshot, showing the PnL for the three Grains
Thanks for the help ,
I really appreciate it
