Downtick

Business, Legal & Accounting Glossary

Definition: Downtick


Downtick

Quick Summary of Downtick


A stock market transaction (or sometimes, a quote) at a price lower than the preceding one for the same security. also called minus tick. opposite of uptick.




What is the dictionary definition of Downtick?

Dictionary Definition


finance A stock market transaction or quote at a price below a preceding one.


Full Definition of Downtick


A downtick is a transaction that occurs at a lower price than the previous trade for a given security. A downtick is sometimes called a minus tick. The opposite of a downtick is an uptick. A zero downtick is not actually a downtick, but is a trade that occurs at the same price as the prior transaction in the case where that prior trade was a downtick. The zero downtick is sometimes called a zero-minus tick. The opposite of the zero downtick is the zero uptick. One context when the downtick is important is when trading curbs are in effect. For example, the NYSE prohibits program trade sell orders on a downtick if the market is down by a certain amount for the day.


Related Phrases


fleas and ticks
tick
closing tick
single stock futures
short exempt
tick test
zero-minus tick
tick index
plus tick
zero downtick
downtick volume


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Definition Sources


Definitions for Downtick are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th October, 2021 | 0 Views.