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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Zero Plus Tick

On an exchange, a transaction in which a security was traded at the same price as its previous trade, which was in turn higher than the trade before that. Some regulations and rules on exchanges only permit certain transactions following a zero-plus tick or an uptick, though some, such as the short sale rule have become obsolete with increased digitalization of the market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.