A Price Tick Is

question 16

Multiple Choice

A price tick is

• A) The maximum amount by which the price can move in a day.
• B) The minimum amount by which the price can move.
• C) The bid-ask spread on the price.
• D) The minimum amount of trading required on the exchange per trade.

---

Definitions:

Metric System

A decimal system of measurement based on meters, liters, and grams as units of length, volume, and weight respectively.

Liter

A metric unit of volume equal to one cubic decimeter or 1000 cubic centimeters, commonly used to measure liquids.

Gram

A unit of mass equal to one thousandth of a kilogram, often used in science and nutrition to measure small quantities.