Status changed from New to Refused
It is difficult to change labels based on the engine, the engine is not known in every place it is used. We use "pips/ticks" everywhere where there is a space for it.
Otherwise just when you see pips you can think ticks.
Mark,
When using the Futures Engine the PIPs are actually Ticks from what i noticed..
but for futures i dont think its neccessary - you should take 1 tick as 1 pip, because the step for different futures could be different