FTB-C000257 / Market data field

Uptick

Uptick is a trade-price classification indicating an increase from the applicable comparison price.

Also known asup tick

Foundation 1 linked topicPublished

Definitions

In plain terms

It labels a qualifying trade as upward under the selected tick rule.

Technical

The feed contract must define comparison trade, equal-price handling, corrections, sequence, venue consolidation, and timestamp.

Scope

It is a trade classification, not the same as an advancing daily issue.

Examples

  • A Fintech Builder lesson can compute or identify Uptick only after declaring its inputs, timing, and edge-case rules.

Common misconceptions

  • It is a trade classification, not the same as an advancing daily issue.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Evidence and governance

  1. Daily TAQ Client Specification New York Stock Exchange / Intercontinental Exchange · official exchange

    Supports: preferred label, short definition, technical definition

    Limits: Product-specific and licensed; it does not create universal eligibility, repair, imputation, tolerance, or aggregation rules.

Reviewed by
fintech-builder-batch-005
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.