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Investing > Zero Minus Tick

The following information is about Zero Minus Tick.

Zero Minus Tick Defined

Transaction that takes place at the same price as the previous round-lot price, but at a lower price than the last different price--also called a "zero downtick". For example, a stock trade is consecutively executed at $22, $21 and $21. The last transaction at $21 was at a zero minus tick. It was executed at the same price as the prior trade, but at a lower price than the last different price of $22.

See Also: Downtick; Minus Tick

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