Archives

An order to close out an existing open futures or options contract.

The trading number of the clearing Participating Organization or Member.

An order from a retail customer of a Participating Organization.

Any modification to the list of tradable issues of an exchange. These modifications include: new listings, supplemental security listings, substitutional listings, deletions, name changes, and stock symbol changes.

A real-time message area usually dedicated to a particular topic.

Any business day on which the clearing corporation is open to effect trade clearing and settlement.

Settlement of an option contract not by delivery of the underlying shares, but by a cash payment of the difference between the strike or exercise price and the underlying settlement price.

The physical document that shows ownership of a bond, stock or other security.

Cash in bank and all securities that can readily be converted to cash within three months or less. 

A dividend/distribution that is paid in cash.