plus tick

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".

Notes:

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).

See also: Downtick, Short Sale Rule, Tick Index, Tick-Test Rules, Uptick, Zero Plus Tick

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Plus tick

Used in the context of general equities. Trade occurring at a price higher than the previous sale. Uptick. Antithesis of minus tick. See: Short sale.

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plus tick

See uptick.