zero-plus tick

Zero-plus tick

Used for listed equity securities. Transaction at the same price as the preceding trade, but higher than the preceding trade at a different price. Antithesis of zero-minus tick. See: Short sale.

---

zero-plus tick

The sale of a security when the price is the same as the security's preceding sale price but is above the last different sale price. A short sale of a security is permitted on a zero-plus tick.