Inventory

Raw materials, work in process, and finished goods that haven’t been shipped to customers.

Day Order

An order that is valid only for the day it is entered. If the order is still outstanding when the market closes, it will be purged overnight.

Interest Coverage

A measure of a company’s ability to pay interest on its debts (operating income divided by interest expenses).

Days Sales Outstanding

A measure of accounts receivables compared to sales. Higher DSOs means a company’s receivables as a percentage of sales have increased, not a good sign.

Intermarket Surveillance Group (ISG)

An international committee comprised of members from 31 exchanges around the world, including every major stock exchange. Membership in the ISG allows all members to share surveillance and investigative information to ensure that each regulator has access to the necessary information to effectively regulate its marketplace. The ISG promotes effective market surveillance among international exchanges and RS involvement helps ensure they are continually in touch with other regulators and part of the development of international best practices.

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.

Insiders

With respect to a corporation or other entity, these are the people who have access to inside information about a company or entity that is material to the stock price. For corporations, they are typically the directors and senior officers of a corporation. A person or entity that owns greater than ten percent (10%) someone of the voting shares of a corporation is also considered an insider.