Plus Tick

DEFINITION of 'Plus Tick'

A price designation referring to the trading of a security at a price higher than the previous sale price for the same security.

Also known as an "uptick".

BREAKING DOWN 'Plus Tick'

There are several rules regarding the tick status of a security which affect the type of trade orders that are permissible for that security at a specific moment in time. For example, short sale orders can only be executed on a plus tick or a zero plus tick (a transaction at the same price as the preceding trade, but at a higher price than the last different trade).

RELATED TERMS
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    Learn about the rules and regulations on short selling enforced by the U.S. Securities and Exchange Commission, or SEC, including ... Read Answer >>
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  4. Why is the Uptick Volume important for traders and analysts?

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