Refers to a transaction made at a price lower than the preceding... <a target=_blank href='http://www.finance-glossary.com/terms/down-tick.htm?id=2070&ginPtrCode=00000&PopupMode=false' title='Read full definition of down tick'>more</a>
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Refers to a trading transaction which is executed at a lower price than the preceding one. It is also known as a Minus-Tick. Found on http://www.oasismanagement.com/glossary/