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Uptick Order

An execution order (specifically a tick-senstitive order) that triggers the purchase or sale of securities if the market moves up...

Downtick Order

An execution order (specifically a tick-senstitive order) that triggers the purchase or sale of securities if the market moves down...

Tick Sensitive Order

An order to buy a security on a downtick or sell it on an uptick. It is a conditional order:...