Tick-test rules

SEC-imposed restrictions on when a short sale may be executed, intended to prevent investors from destabilizing the price of a stock when the market price is falling. A short sale can be made only when either (1) the sale price of the particular stock is higher than the last trade price (referred to as an uptick trade) or (2) if there is no change in the last trade price of the particular stock, the previous trade price must be higher than the trade price that preceded it (referred to as a zero uptick). The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • Tick Test Rules — A now defunct rule that placed restrictions on when a short sale may be executed. Tick test rules dictated that a short sale could be made only in two situations: 1. When the price of the particular stock was higher than the last trade price (an… …   Investment dictionary

  • tick-test rules — SEC imposed restrictions on when a short sale may be executed, intended to prevent investors from destabilizing the price of a stock when the market price is falling. A short sale can be made only when either (1) the sale price of the particular… …   Financial and business terms

  • Comparison of Australian rules football and Gaelic football — A Comparison of Australian rules football and Gaelic football is possible because of the games similarities and the presence of International Rules Football, a hybrid code developed to allow players from both codes to participate in tests. A key… …   Wikipedia

  • Zero uptick — Related: tick test rules. The New York Times Financial Glossary * * * zero uptick UK US noun [S] STOCK MARKET ► ZERO PLUS TICK(Cf. ↑zero plus tick) …   Financial and business terms

  • zero uptick — Related: tick test rules * * * zero uptick UK US noun [S] STOCK MARKET ► ZERO PLUS TICK(Cf. ↑zero plus tick) …   Financial and business terms

  • Правила тик-теста — в США ограничения, введенные Комиссией по ценным бумагам и биржам на осуществление короткой продажи в целях предотвращения дестабилизации рыночных цен. В соответствии с правилами, короткая продажа может быть осуществлена: (1) если цена продажи… …   Финансовый словарь

  • Uptick trade — Related:Tick test rules …   Financial and business terms

  • uptick trade — A transaction that takes place at a higher price than the preceding transaction involving the same security. Related: tick test rules. Bloomberg Financial Dictionary …   Financial and business terms

  • Christopher Cox — For other people named Chris Cox, see Chris Cox (disambiguation). Christopher Cox 28th Chairman of the Securities and Exchange Commission In office August 3, 2005 – January 20, 2009 Presi …   Wikipedia

  • Список американских телепрограмм по дате начала показа — Содержание 1 2010 е 1.1 2011 1.1.1 Январь 1.1.2 Февраль …   Википедия


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.