The smallest allowable increment of price movement for a contract. Chicago Board of Trade glossary
————
The minimum allowable price fluctuation (up or down) for a futures contract. Different contracts have different size ticks. Ticks can be stated in terms of price per unit of measure, or in dollars and cents.
See also point. The CENTER ONLINE Futures Glossary
————
Refers to the minimum change in price a security can have, either up or down. Related: point. Bloomberg Financial Dictionary
————
The minimum fluctuation in price allowed for a futures or options contract during a trading session as specified by the contract terms in CME Rulebook. Chicago Mercantile Exchange Glossary
————
The minimum permitted price movement in a futures or options contract. For example, if the tick for a wheat contract were 5p, this would mean that the price of the contract could move in multiples of 5p only. Dresdner Kleinwort Wasserstein financial glossary
See also tick value. Dresdner Kleinwort Wasserstein financial glossary
————
A minimum change in price, up or down. Exchange Handbook Glossary
————
The standardised minimum price movement of a futures or options contract. LIFFE
* * *
▪ I. tick tick 1 [tɪk] noun [countable]
1. a mark that you put next to an answer to show that it is correct or against an item on a list to show that you have dealt with it;
= check AmE:
• Put a tick in the column that applies to you.
2. on tick informal COMMERCE if you get something on tick, you arrange to take it now and pay for it later
3. FINANCE an occasion when the price of a share, bond etc moves up or down:
• He had the trades done near the close of the trading day on either a plus tick (= a price higher than the previous trade ) or a zero-plus tick (= an unchanged price following upward price movement ) .
4. FINANCE in interest rates, bond prices etc one hundredth of one per cent:
• The price of the December Eurodollar future quickly rose four ticks, from 94.15 to 94.19.
[m0] ▪ II. tick tick 2 verb [transitive]
to make a mark next to an answer or something on a list to show that it is correct or has been dealt with;
= check AmE:
• Which of the following features do you feel are important when choosing a bed? (Please tick all that apply).
tick over phrasal verb [intransitive]
if a system, business etc ticks over, it goes on working but without producing much or without much happening:
• The market did little more than tick over.
* * *
The minimum movement possible in the price of a financial instrument. A tick is one hundredth of a percentage point for bond yields and interest rates.
* * *
Ⅰ.
tick UK US /tɪk/ noun [C]
► UK (
US check,
check mark) »
Put a tick in the column that applies to you.
► (
also tick point)
FINANCE »
March gilt futures settled lower by 19 ticks at 109.83.
► FINANCE »
Analysts said companies can't be expected to calculate every tick in the market.
»
There has been an encouraging upward tick in private sector earnings.
Ⅱ.
tick UK US /tɪk/ verb [T] UK (US check)
► »
For information on funding tick box F10.