Market Data – Ticks – Uptick – Downtick

Posted on08. Feb, 2009 by khader.

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

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