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tick size N FINMKT

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The regulator now requires such trades to achieve a better price than public venues by at least one tick size, or occur within the midpoint between bids and offers.
www.smh.com.au
There is now an industry effort underway to harmonise tick sizes.
en.wikipedia.org
It would allow small companies to choose a tick size of $0.05 or $0.10 instead of the standard $0.01.
en.wikipedia.org
A pip is sometimes confused with the smallest unit of change in a quote, i.e. the tick size.
en.wikipedia.org
Tick size is important as it determines the possible prices available.
en.wikipedia.org
Providing such protection would impose a mandate on both public and private investors that would otherwise be able to sue the issuers to recover losses related to tick size.
en.wikipedia.org
The contract size will be 1,000 barrels with minimum tick size of $0.01 per barrel.
www.mondovisione.com

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