Permits Participating Organizations to voluntarily withhold their true broker identities when entering orders and trades on TSX trading systems.
Archives
American Depositary Receipt (ADR)
A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation.
American-Style Options
Options that can be exercised any time during their lifetime. These are also known as open options.
After-Hours Trading
stock trading when the major stock exchanges are closed.
All or None
This is an instruction you can give your broker when placing a buy or a sell order. This instruction ensures that your order will be filled in its entirety or not at all. This prevents having a partial execution of your trade.
All-or-None Order
An order that must be filled completely or the trade will not take place.
Accrued Expenses
Expenses shown on the income statement but not yet paid.
Trailing Twelve Months (TTM)
The last four reported quarters.
Trading Number
The unique, 3-digit number assigned to each Participating Organization and Member to identify it for market transparency.
Trading Range
A trading range occurs when a stock or average moves up and down between a consistent high and low for an extended period of time (days, to weeks, to months). The bottom of the range becomes fairly solid support as the top becomes fairly solid resistance the more times either holds. We play stocks within the trading ranges if they are loose enough to give us some room to maneuver, e.g., a 5 point range or more. A tight trading range is one that is significantly narrower than a particular stock?s usual trading fluctuations. A tight trading range on low volume is usually a very good indicator that a move up is coming.