A standard trading unit as defined in UMIR (Universal Market Integrity Rules). 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: Trading price per unit is less than $0.10 – board lot size is 1,000 units Trading price per unit is $0.10 to $0.99 – board lot size is 500 units Trading price per unit is $1.00 or more – board lot size is 100 units
Archives
Book
An electronic record of all pending buy and sell orders for a particular stock.
Blue Chip Stocks
Stocks of leading and nationally known companies that offer a record of continuous dividend payments and other strong investment qualities.
Blue Chips
Large, stabile companies.
Black Scholes Option Pricing Model
A model used to estimate the price of an option.
Black-Scholes Model
A mathematical model used to calculate the theoretical price of an option.
Block Trade
A single purchase or sale of a stock involving 10,000 or more shares.
Bid
The highest price a buyer is willing to pay for a stock. When combined with the ask price information, it forms the basis of a stock quote.
Bid Size
The aggregate size in board lots of the most recent bid to buy a particular security.
Best-Efforts Underwriting
A type of underwriting where the investment firm acts as an agent. 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.