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Frauds and Scams > Zero Plus Tick
The following information is about Zero Plus Tick.
Zero Plus Tick Defined
Transaction that takes place at the same price as the previous round-lot price, but at a higher price than the last different price--also called a "zero uptick". For example, a stock trade is consecutively executed at $21, $22 and $22. The last transaction at $22 was at a zero plus tick. It was executed at the same price as the prior trade, but at a lower price than the last different price of $21. Short sales can only be executed on plus tick or a zero plus tick.
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