Market Data – Ticks – Uptick – Downtick
Posted on 08. Feb, 2009 by khader in Finance
I just wanted to clarify few basic terms that are used very often to indicate market movements.
- Plustick/Uptick
Security is Trading at higher than the previous sale price - Minustick/Downtick
Security is trading at lower than the previous sale price - Zero plustick
Security is trading at same as last sale price but previous tick was a plustick