What is equity stock (not derivatives) tick size in American exchanges? and Stock Exchange, as seen from the boot of George Washington's statue at Federal Hall

What is equity stock (not derivatives) tick size in American exchanges?

- Are tick sizes same for the underlying stocks and stock options?
- Is it necessary for the tick sizes to be same in the underlying stocks and stock options? Pls explain the rationale for the same.


Stock best answer:

Answer by mrzwink
the ticksize for stocks is $ 0.0001
for derivatives its $ 0.05 for option contracts with a premium over 50cent and $ 0.01 under 50cent.

to your other questions: no and no.

Stock

Stock Exchange, as seen from the boot of George Washington's statue at Federal Hall


Image by Dan Nguyen @ New York City
An old photo, taken in 2009, but re-posted here as I use this photo frequently for ProPublica's wall street coverage

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