minimum price movement
The smallest price change increment for a futures contract. Also referred to as a tick, the minimum price movement for a given contract is set by the exchange and is standardized by the underlying product. For example, a tick in gold futures represents $.10 per troy ounce or $10 per contract, whereas a tick on silver futures represents $.005 per troy ounce or $25 per contract.
Browse by Subjects
See All Related Terms »
sales volume profit variance
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):