minimum tick

(redirected from Minimum Fluctuation)

Minimum Tick

The smallest possible change in price to a security. Various regulations exist regarding what the minimum tick is for different securities, and which trades may occur on a tick. For example, until 2007, a short sale could not occur at the same price as the security's previous trade, when that price was itself a downtick from the trade before that. A minimum tick is also called a trading variation. See also: Tick test.

minimum tick

The smallest possible price movement of a security or contract. For example, equity options with premiums of 3 points and greater are traded in eighths of a point, while equity options with premiums less than 3 points may be quoted at sixteenth-of-a-point intervals. Also called trading variation.
References in periodicals archive ?
max]) represents the fractal dimension of the minimum fluctuation point set.
Since the process uses continuous dosing and weighing, you have to have a minimum fluctuation of less than a few grams of material.
xvi) be stored at a temperature of - 18 [degrees] C (O [degrees] F) or lower with a minimum fluctuation and shall have a temperature below -10 [degrees] C at the internal centre of the flesh:

Full browser ?