Zero Plus Tick - Definition

A plus tick is a type of Transaction in the marketplace where the most recently announced price for a given security is higher than the previously named price. The term is sometimes applied to actual purchases and sales, but may also be applied to situations involved stock quotes. Even a small increase in the price of a security is sufficient to qualify as a plus tick. Closely associated with the plus tick is a pricing phenomenon known as a zero plus tick. In this type of pricing succession, there is no change between the new price associated with a Quote and the previously quoted price.

The SEC eliminated the Uptick Rule on July 6, 2007. The SEC concluded from the study cited above: "The general consensus from these analyses and the roundtable was that the Commission should remove price test restrictions because they modestly reduce Liquidity and do not appear necessary to prevent manipulation.



Terms near "Zero Plus Tick"

Zero Prepayment Assumption
Zero-Based Budgeting (ZBB)
Zero-Beta Portfolio
Zero-Coupon Bond
Zero-Coupon Certificate Of Deposit (CD)
Zero-Coupon Convertible
Zero-Coupon Mortgage
Zero-Floor Limit
Zero-Investment Portfolio
Zero-One Integer Programming
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