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Zero minus tick |
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Zero minus tickSale that takes place at the same price as the previous sale, but at a lower price than the last different price. Antithesis of zero-plus tick.Zero minus tick Similar MatchesMinusMinusThe symbol (-) that precedes the change figure in a stock table to indicate a closing sale lower than that of the previous day. Buy minus orderBuy minus orderIn the context of general equities, rare market or limit order to buy a stated amount of a stock, provided that the price to be obtained is not higher than the last sale if the last sale is a minus or zero-minus tick, and is not higher than the last sale minus the minimum fractional change in the stock if the last sale is a plus or zero-plus tick. (If limit, then the buy cannot occur above the limit, regardless of tick.) Minus tickMinus tickSee: downtick . |
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