In a IPO what is tick size?


IPO
Neida asks:

When a compay issues Initial Public Offer, it gives book value and issue price range of an IPO. It also specifies tick size. I want to know what is meant by this tick size.

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2 Comments to "In a IPO what is tick size?"

  1. Marcelle

    The tick size is the smallest possible change between a new and a previous price listing .

    hope this helps .

  2. Luba

    The smallest increase or decrease in successive biddings of a stock’s price allowed by the stock Exchange

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