Legal Definition of Up Tick
Meaning of Up Tick
A term used to designate a transaction made at a price higher than the preceding transaction. Also called a &plus& tick. A &zero-plus& tick is a term used for a transaction at the same price as the preceding trade but higher than the preceding different price. Conversely, a down tick, or &minus& tick, is a term used to designate a transaction made at a price lower than the preceding trade. A plus sign, or a minus sign, is displayed throughout the day next to the last price of each stock at the trading post on the floor of the New York Stock Exchange.
Related Entries of Up Tick in the Encyclopedia of Law Project
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Up Tick in Historical Law
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