   
|
|
|
|
|
|
| |
Zero plus tick refers to a transaction where the price is the same as the previous transaction price, but is still greater than a preceding trade at a different price. For example, in a trade executed at $15, $16 and $16, the last $16 is the zero plus tick. The zero plus tick of $16 was executed at the same price as the previous transaction, but was higher than the preceding tick of $15. A zero plus tick is associated with short sale strategy: according to the SEC, a zero plus tick (or a "plus tick", where the stock continues to increase instead of leveling off) must occur for a trader to engage in short selling. The zero plus tick requirement is a safeguard against manipulative price depreciation. The opposite of a zero plus tick is a zero minus tick. A zero plus tick may be referred to as a "zero uptick."
Rate this zero plus tick definition...
|
|
|
|
 |
Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day. |
|
Popular Terms: in escrow, stock split, deferred revenue, implied volatility, cancelled check, FICO score, wholly-owned subsidiary, required rate of return, phantom income, 401a, risk management, average price per share, annual return, margin rate, 144a, ex-dividend, 1031 exchange, ex-dividend date, class C shares, covered put, liquidity ratio, retained earnings, debt service coverage, VIX, current ratio, open position, diluted share, option premium, balance sheet, limit order, deferred tax, inflation, reverse mortgage, 1035 exchange, FTSE, LIBOR, per diem, dividends payable, stock market close, irrevocable trust, Key Rate Duration, APR, real GDP, EBITDA, minority interest, labor relations, Zero Cost Collar, quality assurance, command economy
|
|
| |
