What is a Tick Size and How is it Measured?
0:33
YouTubeMy Trading Skills
What is a Tick Size and How is it Measured?
The tick size is the smallest measurable amount the price of a financial instrument can move. Different instruments have a different tick size, for example the tick size of a share is 0.01 because that equals 1 cent. Want to learn more about financial trading? Start studying for free at https://www.mytradingskills.com
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📈 Big News Alert! 🚀 NSE has decided to reduce the tick size for all shares below ₹250 to just 1 paisa! Previously, this was 5 paise.This change, effective from June 10th, will apply to T 1 and T 0 settlements, boosting market liquidity.Wondering about the impact on traders? Now, bids can be as precise as ₹10.01 or ₹9.99 for a share priced at ₹10!What are your thoughts on this update? Let us know in the comments!..Follow @gettogetherfinance for more interesting facts and educational content...#
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