The TickRules component specifies the rules for determining how a security ticks, i.e. the price increments which it can be quoted, traded, and for certain cases settled, depending on the current price of the security.
|1205||NoTickRules||N||Number of tick rules. This block specifies the rules for determining how a security ticks, i.e. the price increments at which it can be quoted and traded, depending on the current price of the security.|
|→||1206||StartTickPriceRange||N||Starting price range for specified tick increment|
|→||1207||EndTickPriceRange||N||Ending price range for the specified tick increment|
|→||1208||TickIncrement||N||Tick increment for stated price range. Specifies the valid price increments at which a security can be quoted and traded|
|→||1209||TickRuleType||N||Specifies the type of tick rule which is being described|
Can be used to limit tick rule to specific product suite.