Tick size

In financial markets, a "tick" is a price increment in which the prices are quoted. The meaning of the term varies depending on whether stocks, bonds, or futures are being quoted.

Bonds

U.S. mortgage bonds and certain corporate bonds are quoted in increments of one thirty-second (1/32) of one percent. That means that prices will be quoted as, for instance, 99-30/32 - "99 and 30 ticks", meaning 99 and 30/32 percent of the face value. Prices can also be quoted with a "plus", meaning one sixty-fourth (1/64) of one percent or half a tick. That means that a price is quoted as, for instance, 99-30+, meaning 99 and 61/64 percent (or 30.5/32 percent) of the face value. As an example, "par the buck plus" means 100% plus 1/64 of 1% or 100.015625% of face value.

Most European and Asian bond and futures prices are quoted in decimals so the "tick" size is 1/100 of 1%.

Stocks and futures

Tick size is the smallest increment (tick) by which the price of stocks,futures contracts or other exchange-traded instrument can move.

Tick

Ticks are small arachnids in the order Parasitiformes. Along with mites, they constitute the subclass Acarina. Ticks are ectoparasites (external parasites), living by hematophagy on the blood of mammals, birds, and sometimes reptiles and amphibians. Ticks are vectors of a number of diseases that affect both humans and other animals.

Despite their poor reputation among human communities, ticks may play an ecological role by ailing infirm animals and preventing overgrazing of plant resources.

Taxonomy

Of the three families of ticks, one – Nuttalliellidae – comprises a single species, Nuttalliella namaqua. The remaining two families contain the hard ticks (Ixodidae) and the soft ticks (Argasidae). Ticks are closely related to the numerous families of mites, within the subclass Acarina (see article: Mites of livestock).

The Ixodidae include over 700 species. They are known as 'hard ticks' because they differ from the Argasidae in having a scutum or hard shield. This shield generally can resist the force of a human's soft-soled footwear, especially on soft ground; it requires a hard sole on a hard surface to crush the tick. However, stepping on an engorged tick, filled with blood, kills it easily, though messily. In nymphs and adults of the Ixodidae, a prominent capitulum (head) projects forwards from the body; in this they differ from the Argasidae. They differ too, in their life cycle; Ixodidae that attach to a host will bite painlessly and generally unnoticed, and they remain in place until they engorge and are ready to change their skin; this process may take days or weeks. Some species drop off the host to moult in a safe place, whereas others remain on the same host and only drop off once they are ready to lay their eggs.

Tick (software)

Tick is time tracking software operated by The Molehill, headquartered in Jacksonville, Florida, that offers online time tracking and reporting services through their website along with mobile and desktop applications. Tick tracks time based on clients, projects and tasks, either through a timer or through manual entry.

Features

Tick provides time tracking, management and reporting. API control is enabled for designers.

Tick features include:

Early SaaS & Ruby Adoption

Tick was one of the first software as a service applications to be built on the Ruby on Rails framework.

Tick (disambiguation)

Tick refers to small arachnids in the order Ixodida.

Tick or ticking may also refer to:

Media

Software

Other uses