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ticker tape
(redirected from Tick size)

   Also found in: Financial, Wikipedia 0.05 sec.
ticker tape
ticker-tape reception (or parade) (mainly in New York) the showering of the motorcade of a distinguished politician, visiting head of state, etc., with ticker tape as a sign of welcome


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In a move that will create an even tighter, more liquid and competitive marketplace, BrokerTec Futures Exchange (BTEX), the nation's only fully-electronic fixed income futures exchange, announced today that a decrease in the minimum tick size on the five-year Treasury note contract will be implemented as of Friday, February 14, 2003.
For example, it recently mandated a tick size (the minimum stock price increment) of one-sixteenth of a dollar for most securities.
 
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