Zero plus tick

Zero Plus Tick
Investment Dictionary:
Zero Plus Tick
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Zero Plus Tick
A security trade that is executed at the same price as the preceding trade but at a higher price than the last trade of a different price. For more than 70 years there was an "uptick rule" as established by the U.S.

Zero Plus Tick
Transaction at the same price as the preceeding trade, greater than the most recent different transaction price. Also called zero uptick. For example, when trades are executed at 6, 7, and 7, the last trade at 7 is a zero-plus tick.

Down Ticks, Up Ticks and Zero Plus Ticks, these are all-important types of ticks. An "Up Tick" occurs when a stock trades higher than the previous trade on the bid or offer.

Zero plus tick
12b-1 fees: Advertising and promotional costs incurred by a mutual fund and charged against the assets in the fund under a Rule 12b-1 plan filed with the SEC.

Market or limit order to sell a stated amount of stock provided that the price to be obtained is not lower than the last sale if the last sale was a plus, or zero plus tick, ...

Definition
Uptick rule
A SEC rule stating that a short sale can only be executed on an 'uptick' or a zero plus tick.
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Uptick
A sale of a listed security that occurs at a higher price than the previous transaction. SEC rules state that short sales can only be made on upticks or zero plus ticks. Also called a plus tick.
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Uptick rule: A federal law requiring that short sales be executed on an uptick or a zero plus tick.

zero-plus tick Zero plus tick refers to a transaction made at the same price as a preceding... zero-sum game A situation where the one participant's gains are only the result of another...

which means that the transaction price is either higher than the last transaction price, or that the transaction price is unchanged but higher than the transaction price that preceded it. This is known as a zero uptick or zero plus tick.

See also: Market, Short, Security, Stock, Close