For Zero Plus Tick we have terms and definitions in 2 topics. The topics are Frauds and Scams and Investing.

Zero Plus Tick (Frauds and Scams)

Transaction that takes place at the same price as the previous round-lot price, but at a higher price than the last different price--also called a "zero uptick". For example, a stock trade is consecutively executed at $21, $22 and $22. The last transaction at $22 was at a zero plus tick. It was executed at the same price as the prior trade, but at a lower price than the last different price of $21. Short sales can only be executed on plus tick or a zero plus tick.

Zero Plus Tick (Investing)

Transaction that takes place at the same price as the previous round-lot price, but at a higher price than the last different price--also called a "zero uptick". For example, a stock trade is consecutively executed at $21, $22 and $22. The last transaction at $22 was at a zero plus tick. It was executed at the same price as the prior trade, but at a lower price than the last different price of $21. Short sales can only be executed on plus tick or a zero plus tick.

See Also: Plus Tick; Uptick; Uptick Rule

Similar

Browse words that start with:

• Ze
• Zer
• Zero
• Zero

Browse All Terms by First Letter

Term Search