Up Tick: A Comprehensive Guide to Its Legal Definition and Importance

Definition & Meaning

An "up tick" refers to a transaction involving securities that occurs at a price higher than the last transaction price. This term is often referred to as a "plus" tick. In contrast, a "zero-plus" tick indicates a transaction at the same price as the previous trade, but at a different price than the one before that. Understanding these terms is essential for investors and traders, as they reflect market activity and price movements.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: If Stock A was last traded at $50, and the next transaction occurs at $52, this would be considered an up tick.

Example 2: If Stock B had a previous trade at $100 and the next trade is at $100, it would be classified as a zero-plus tick, not an up tick.

Comparison with related terms

Term Definition
Up Tick A transaction at a higher price than the previous one.
Down Tick A transaction at a lower price than the previous one.
Zero-Plus Tick A transaction at the same price as the last trade but higher than a previous different price.

What to do if this term applies to you

If you are involved in trading securities and encounter the term "up tick," it is important to understand its implications for your transactions. You may want to track market trends and analyze your trading strategies accordingly. For assistance, consider exploring US Legal Forms' templates for trading agreements or related documents. If your situation is complex, seeking advice from a legal professional is advisable.

Quick facts

  • Definition: A transaction at a higher price than the last trade.
  • Related terms: Down tick, zero-plus tick.
  • Relevance: Important for traders and investors in financial markets.

Key takeaways

Frequently asked questions

An up tick is a transaction in securities that occurs at a price higher than the last transaction price.