Sale of a security at a price below the preceding sale. For example, if a stock has been trading at $10 per share, the next trade is a downtick if it is at $9.85. Also known as a minus tick.
Sale of a security at a price below the preceding sale.
For example, if a stock has been trading at $10 per share, the next trade is a downtick if it is at $9.85. Also known as a minus tick.