Archives

After-tax earnings. Literally, the bottom line on an income statement (a.k.a. net income or profit). 

Rather than simply acting as an agent, an investment bank or other underwriters directly purchase securities from the issuer, usually at a discount to the market price, and then sells them to investors.

An electronic record of all pending buy and sell orders for a particular stock.

The ratio of a company’s new orders to shipments in the same period. A book to bill ratio greater than 1.0 indicates sales growth. Ratios less than 1.0 reflect shrinking sales. Used mostly in the semiconductor industry.

Stocks of leading and nationally known companies that offer a record of continuous dividend payments and other strong investment qualities.

Large, stabile companies. 

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

A mathematical model used to calculate the theoretical price of an option.

A single purchase or sale of a stock involving 10,000 or more shares. 

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.