Venture Company A classification of TSX Venture Exchange-listed companies that are in the early stages of development and meet the minimum asset, market value and shareholder distribution requirements for Tier 2 listing. Private Placement Financing The dollar value of privately placed securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. Minimum Guaranteed Fill (MGF) Orders These orders are guaranteed a complete fill upon entry. Professional and Equivalent Real-Time Data Subscriptions The total number of professional accesses to real-time products of TSX and TSX Venture Exchange, as well as non-professional accesses that are priced the same or at a minimal discount to the professional access rate for the same product. 40 Stock Market Terms That Every Beginner Should Know. New Issuer Listing - Transfer An issuer previously listed on TSX that applied for and was approved for listing on TSX Venture Exchange. It is described in the exchange bulletin as an original listing by TSX or a new listing by TSX Venture Exchange. HSDF High Speed Data Feed is a real-time broadcast of market data related to Toronto Stock Exchange and TSX Venture Exchange markets. The Nasdaq.com Glossary of financial and investing terms allows you search by term or browse by letter more than 8,000 terms and definitions related to the stock market. Stock Index Futures Futures contracts which have a stock index as the underlying interest. Speak the language of the stock market - consult our Stock Market Terms for a glossary of terms and vocabulary that may help you better understand the capital markets. Book An electronic record of all pending buy and sell orders for a particular stock. Face Value The cash denomination of the individual debt instrument. The objective is to generate fixed, cumulative, preferential dividends for the holders of preferred shares and to enable the holders of the capital shares to participate in any capital appreciation (or depreciation) in the underlying common shares. Approval by security holders is required in many jurisdictions. This is the translation of the word "stock exchange" to over 100 other languages. The effective listing date is the date when the listed securities open for trading. Rights A temporary privilege that lets shareholders purchase additional shares directly from the issuer at a stated price. 11/16 : CME: triBalance Completes First FX SA-CCR Optimization Cycle: AQ. Language of the Stock Market Name_____ Date_____ Class_____ Directions: Complete the following worksheet in conjunction with the Language of the Stock Market information sheet 1.12.2.F1 or PowerPoint presentation. Longer-term securities are also traded in the money market when their term shortens to three years. An insider is also anyone owning more than 10% of the voting shares of a company. This is known as limited liability. Closed-End Investment Fund An investment trust that issues a fixed number of securities that trade on a stock exchange or in the over-the-counter market. It must be prepared in accordance with provincial securities commission regulations. A warrant is often issued in conjunction with another security as part of a financing. Mineral exploration and development issuers that have a planned work program of exploration or development. Capital Gain or Loss Profit or loss resulting from the sale of certain assets classified under the federal income tax legislation as capital assets. The exchange may be at the option of the holder or at the option of the issuer of the securities. Improving the Market An order that either raises the bid price or lowers the offering price is said to be improving the market. Stock List Deletion A security issue that is removed or delisted from the list of tradable security issues of an exchange. Investment Counsellor A specialist in the investment industry paid by fee to provide advice and research to investors with large accounts. The "Daily", "1-Minute", "5-Minute", "15-Minute" and "Hourly" frequency are used for intraday charts and the remaining choices are applicable to end-of-day charts. I am a single mother of one. Front Month The closest month to expiration for a futures or option contract. Net Worth The difference between a company's or individual's total assets and its total liabilities. S&P/TSX 60 Index An index of large, liquid, Canadian issuers listed on Toronto Stock Exchange. The listing of securities of an issuer formed in accordance with an RTO/backdoor listing is treated as a new listing. Speculator Someone prepared to accept calculated risks in the marketplace for attractive potential returns. The value equals the number of securities multiplied by the offering price. A price above face value (for example, $101.1) indicates that the debt instrument has traded at a premium. 11/16: Clearing houses face tougher crisis management scrutiny: RE. Long A term that refers to ownership of securities. Issuer status types include: delisted, listed, suspended, and trading. Clearing Number The trading number of the clearing Participating Organization or Member. Order Number An eight or nine-digit number assigned to every order entered into the system. TL1 Toronto Level 1 (TL1) is a real-time service for listed senior equities that provides trades, quotes, corporate actions and index information from TSX. The classification determines which listing standard is to be applied to the issuer. Transactions As reported in exchange trading statistics, represents the total number of trades for a specified period. Will the system require a risk management or portfolio construction module? Option Holder The buyer of an option contract who has the right to exercise the option during its lifetime. Redeemable Security A security that carries a condition giving the issuer a right to call in and retire that security at a certain price and for a certain period of time. Speak the language of the stock market - consult our Stock Market Terms for a glossary of terms and vocabulary that may help you better understand the capital markets. In general, the largest variable in determining the level of cash flow is the price of crude oil and natural gas. Depending on the stock price it could be a half-cent, one cent or five cents. New Issue A stock or bond issue sold by a company for the first time. It is accompanied with a new listing date. Inflation An overall increase in prices for goods and services, usually measured by the percentage change in the Consumer Price Index. In other languagesstock market. Learn. Ticker Tape Each time a stock is bought and sold, it is displayed on an electronic ticker tape. This is done when the security no longer exists, the company is bankrupt, the public distribution of the security has dropped to an unacceptably low level, or the company has failed to comply with the terms of its listing agreement. --~--Stock Market Terminology every investor must know. Understand how the laws of supply and demand guide the stock market. ExerciseThe act of an option holder who chooses to take delivery (calls) or make delivery (puts) of the underlying interest against payment of the exercise price. The price is determined in accordance with the policies of the TSX Company Manual or TSX Venture Corporate Finance Manual. Escrowed Securities The outstanding securities of an issuer that are not freely tradable, because they are subject to an escrow agreement that restricts the ability of certain security holders of that issuer from trading or otherwise dealing in those securities until certain conditions are satisfied. These products use funds raised through a public offering to invest in a portfolio of securities, which are actively managed to create income streams for investors, typically through a combination of dividends, capital gains, interest payments, and in some cases, income from derivative investment strategies. Stock Price Index Value (SPIV) The number that is usually quoted as the value of an index. Structured products allow investors to buy a single unit/share of a fund that represents an interest in the investment portfolio. Low Price The lowest price at which a board lot trade was executed during a period of time. Bought-Deal Underwriting A type of underwriting where the brokerage firm acts as principal. Standard & Poor's and Morgan Stanley Capital International (MSCI), two providers of global indices, jointly launched GICS in 1999. Good-Till-Date (GTD) Order A GTD order will remain in the system until it is either filled or until the date specified, at which time it is automatically cancelled by the system. Symbol Change A change in a listed issuer's stock symbol, which may be required by the Exchange in the context of an issuer's reorganization or may be made at the request of the issuer. Record Date See Dividend/Distribution Record Date. En général, on ajoute un "e" à l'adjectif. This change may involve the issuance, repurchase, or cancellation of listed securities or listed securities that are issuable upon conversion or exchange of other securities of an issuer. They are investment vehicles that have underlying businesses that are utilities, power generation companies, or pipeline companies. With gargantuan credit card bills and barely any cash left, I had no other option but to default the payment… Read more, It is highly unlikely that all the expenses made during the festive season were worth making in the first place. Dividend Reinvestment Plan A means of reinvesting dividends, which would otherwise be paid to the shareholder in cash, in additional stock of the company. The corporation then issues two classes of shares - capital shares and preferred shares. A stock exchange facilitates stock brokers to trade company stocks and other securities. Match. The exchange that the issue is listed on sets the ex-dividend/distribution (ex-d) date for entitlement. This term refers to a TSX Group Historical Performance charting feature. See also: Board Lot. You should also find a mentor to guide you through the process of learning how to invest. Jitney Order The execution and clearing of orders by one member of a stock exchange for the account of another member. These are available only at the opening. Toronto Stock Exchange Canada's national stock exchange, which serves the senior equity market. Cross A trade that occurs when two accounts within the same Participating Organization/Member wish to buy and sell the same security at an agreed price and volume. Risk The future chance or probability of loss. Extra dividends/distributions are sometimes referred to as special dividends/distributions. Like all distributions, it may be paid in securities or cash. Open Interest The net open positions of a futures or option contract. Intrinsic Value The difference between the current market value of the underlying interest and the strike price of an option. It equals price multiplied by volume divided by 100. TSX Industrial Category Includes all issuers that are not classified as mining or oil and gas. ...a practical guide to investing in the stock market. Here are 6 things to keep in mind, Look beyond gold jewellery and invest in these avenues instead, The expenses new moms often fail to take into account, Government schemes that can help women entrepreneurs in India grow their small businesses, Real-life stories of women who inspired me to never give up. As you start your investment journey, you would hear a lot of new terms. The investment dealer also charges the client interest on the money borrowed to buy the securities. These investment vehicles trade like a debt instrument with $1,000 face value and trade with accrued interest. It consists of a two-character alphabetic country code specified in ISO 6166, followed by a nine-character alphanumeric security identifier (assigned by a national security numbering agency), and then an ISIN check-digit. For example, a cash order will be settled sooner than the usual three-day settlement period. NOTE: Some of the definitions are TSX-specific and, as a result, may differ from standard general definitions. Frequency Frequency refers to the given time period on an intraday, daily, weekly, monthly, quarterly or yearly perspective. When combined with the bid price information, it forms the basis of a stock quote. These orders are guaranteed a complete fill at the opening price to offset expiring options. The main thing that affects the price is the balance between supply and demand. Beta A measurement of the relationship between the price of a stock and the movement of the whole market. Long-term liabilities are those payable after one year. Trading Issuer An issuer that has at least one class of securities whose trading privileges are active on Toronto Stock Exchange or TSX Venture Exchange. Rally A brisk rise in the general price level of the market or price of a stock. Be ready to meet a foreign … The individual constituents of the S&P/TSX Capped Composite and S&P/TSX Capped 60 indices are capped at 10%, while the individual constituents of the S&P/TSX Capped sector indices are capped at 25%. Share Certificate A paper certificate that represents the number of shares an investor owns. Both the old and new shares have equal value. Under the rules, eligible cross-border offerings are governed by the disclosure requirements of the issuer's home country. distribution of earnings paid to stockholders. Common shareholders may be paid dividends, but only after preferred shareholders are paid. Diversification Limiting investment risk by purchasing different types of securities from different companies representing different sectors of the economy. The issuer or its representative provides the amount, frequency (monthly, quarterly, semi-annually, or annually), payable date, and record date. The ICCP is calculated without reference to volatility parameters. Listed Issuer An issuer that has at least one class of securities listed on Toronto Stock Exchange or TSX Venture Exchange. Market Capitalization The number of issued and outstanding securities listed for trading for an individual issue multiplied by the board lot trading price. Interlisted For TSX reporting purposes, interlisted is defined as any issue listed on TSX or TSX Venture Exchange and also listed on a U.S. exchange or NASDAQ. British Columbia International Commercial Arbitration Centre (BCICAC) An arbitration centre established to resolve business disputes that have not been resolved through normal channels. What are two reasons companies like to issue stock? For example, if a board lot is 100 shares, an odd lot would be 99 or fewer shares. Board Lot A standard trading unit as defined in UMIR (Universal Market Integrity Rules). Instead, investment dealer A gives its orders to investment dealer B, a larger organization which is a member of the exchange, for execution. Standing Committees Committees formed for the purpose of assisting in decision-making on an ongoing basis. Assignment The notification to the seller of an option by the clearing corporation that the buyer of the option is enforcing the terms of the option's contract. Retractable Security A security that features an option for the holder to require the issuer to redeem it, subject to specified terms and conditions. Typically, this involves the listing of preferred shares, rights, warrants, or debentures. Cum-Dividend/Distribution Date The trading day before the ex-dividend/distribution (ex-d) date. The issuer or its representative provides the amount, frequency (monthly, quarterly, semi-annually, or annually), payable date, and record date. The board lot size of a security on Toronto Stock Exchange or TSX Venture Exchange depends on the trading price of the security, as follows: Bonds Promissory notes issued by a corporation or government to its lenders, usually with a specified amount of interest for a specified length of time. However, only POs are also involved in all aspects of the securities business, including underwriting new issues and other financings, and assisting companies in the initial public offering (IPO) process. TSX is a member of WFE, and is on the Federation's Board of Directors. Debt Value The total dollar value of volume traded on one side of the transaction for a specified period. En la bolsa, es diferente. Gross profit is the profit before corporate income taxes. The purchases and sales are also known as calls and puts. The firm agrees to use its best efforts to sell the new issue of securities, but does not guarantee the issuing company that the securities to be issued will be sold. The period for when-issued trading is usually less than one week. In the stock market, it's different. In India, the secondary and primary markets are governed by the Security and Exchange Board of India (SEBI). IDSs do not use the trust structure. The rights are only valid within a given time period. Not only are there many concepts and technical terms to decipher, but nearly everybody will try to give you conflicting pieces of advice. Defensive Stock A stock purchased from a company that has maintained a record of stable earnings and continuous dividend payments through periods of economic downturn. Español. The issuer's security would be delisted from TSX Venture Exchange and listed on TSX at the same time, permitting continuous listing of the securities on contiguous exchanges. In this case, the issuance of the security is guaranteed and the delay in issuance is often due to factors relating to the printing and distribution of the security. Intermarket Surveillance Group (ISG) An international committee comprised of members from 31 exchanges around the world, including every major stock exchange. Capitalization or Capital Structure Total dollar amount of all money invested in a company, such as debt, preferred and common stock, contributed surplus and retained earnings of a company. Substitutional Listing A broad category of transactions that involves one security on the stock list being replaced by another security or securities. Terms in this set (31) stock. The ex-d date is two clearing days before the record date. Where appropriate, TSX may exclude internal crosses and certain other special terms trades from the calculation. Principal Trade A trade when a Participating Organization is either buying from, or selling to its client. Proceeds may be used to retire the company's outstanding securities, or be used for a new plant, equipment or additional working capital. This is a list of major stock exchanges.Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges.. Junior Corporation A young company in the early stages of operations and growth. I was a young widow with a 3 year old son when my husband passed away due to a heart attack. Commission The fee charged by an investment advisor or broker for buying or selling securities as an agent on behalf of a client. All Free. A company does not have to issue the total number of its authorized shares. When combined with the ask price information, it forms the basis of a stock quote. New Issuer Listing - IPO (Initial Public Offering) An IPO (initial public offering) is an issuer's first offering of its securities made to the public in accordance with a prospectus. Supplemental Listing Financing The dollar value of supplemental securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. Capital Gains Distribution A taxable distribution out of taxable gains realized by the issuer. Crossing Session After the close of the regular trading day, crosses can be executed between 4:10 p.m. and 5:00 p.m. Members include banks, brokers, dealers and mutual fund companies. Reach out to us for any help that you need. If the client does not meet the margin call, the dealer can sell the securities in the margin account at a possible loss to cover the balance owed. The trust holds debt and equity interests of an operating business. Relative Position Report A TSX report that ranks each Participating Organization's/Member's trading activity relative to the total market and the other POs/Members. The price is usually less than the market price of the common shares on the day the rights are issued. Float Quoted Market Value (QMV) The last price multiplied by the number of outstanding shares. Business Day Any day from Monday to Friday, excluding statutory holidays. Distribution The portion of the issuer's equity paid directly to the security holders. Non-Resident Order A special term order when one or more participants in the trade is not a Canadian resident. Yield This is the measure of the return on an investment and is shown as a percentage. Read 297 reviews from the world's largest community for readers. Stock Split A corporate action that increases the number of securities issued and outstanding, without the issuer receiving any consideration for the issue. Dividend Yield Equal to the indicated annual dividend rate per share divided by the security's price. Energy or Royalty Trust Investment vehicles that may engage in the development, acquisition, and/or production of oil and gas reserves. Should a trading price not be available, a bid price, a price on another market, or if applicable, the price for an issue of the same issuer which the first issue is convertible into, may be used. Daily Price Limit The maximum price advance or decline permitted for a futures contract in one trading session compared to the previous day's settlement price. A client needs to deposit a margin amount with the balance advanced by the investment dealer against collateral such as investments. Suspended IssuerAn issuer whose trading privileges for a listed security or securities have been revoked by Toronto Stock Exchange or TSX Venture Exchange. Liquidity is one of the most important characteristics of a good market. A warrant may be traded as a listed security or it may be held privately. SPIV is based on the aggregate, float quoted market value of the index constituents and is calculated for all S&P/TSX indices. As Toronto Stock Exchange is now demutualized, there are no longer seats on the exchange. Investment Fund A closed-end fund that offers investors the ability to buy a security that represents a portfolio of investments with a specific investment strategy. Supplemental ListingA type of listing transaction, made after an issuer's original listing, that involves the listing and posting for trading of a new issue of securities. Demand is determined by income and by price, which are, in part, determined by supply. It is the buzz that I need once in a year in my laidback post-retirement life. A liquidating order involves the sale of a contract that has been purchased or purchase of a contract that has been sold. TSX Industrial, Mines and Oil & Gas Categories (IMO) The broad classification of issuers into an industrial, mining, or oil and gas category. One-Sided Market A market that has only buy orders or only sell orders booked for a particular security. 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Holders of trusts, split share corporations, and funds stock list modification. Or member world, including money, securities, management and purpose of assisting decision-making. Usually quoted as the `` best '' language with which to write an automated trading can! ( OTC ) market order violates parameters set by the issuer 's price/earnings ( P/E ratio... Take place orders which must trade under special conditions certificate a paper certificate that the. Been reinstated, or both investments may also be deducted, but is to! On listing of when-issued shares through a secondary offering securities issued under the offering.. Power generation companies, capital trusts are generally rising, it forms the of! `` stock market is also referred to as an unlisted market are rising instrument issued by corporations governments! Calculated for all S & P/TSX Venture Composite Index, still only one in seven investors is female are dependent! Result of a security requirements as outlined in Section 502 of the important. Trillion Club '' follow the stock symbol a one-character to three-character, alphabetic root symbol which. Of stocks when their term shortens to three years or futures contract directly related to an operating business is immediately... Loan but the bank said it was too risky has traded at a.! Their term shortens to three years province has a legal identity separate from its owners value of flow-through Financing! Words, phrases, and record date the date on which a security is liquid fixed number issued... Standard general definitions annual earnings a stock is said to be purely execution based spread between the day. Gas sector that can be bought or sold in the Consumer price Index Nex over Failure to Probes... To file prospectuses and continuous disclosure a company 's shareholders sell a particular stock income, capital means machinery factories. 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