Trading Issue

The status of a listed security of an issuer whose trading privileges are active on the Exchange.

Trading Number

The unique, 3-digit number assigned to each Participating Organization and Member to identify it for market transparency.

To Buy and To Sell

These are phrases used in placing orders to either buy or sell securities. If you are placing an order to purchase ten contracts of Dell October $40 calls at a limit of 4 5/8 for the day, you would tell your broker you were placing a day order for 10 contracts of Dell October $40 strike calls to buy at a limit of 4 5/8. This gives your broker all the information he or she needs to place the order.

Top

A charting term meaning the stock price is going down from here.

Ticker Tape

Each time a stock is bought and sold, it is displayed on an electronic ticker tape. It is a record of current trading activity on an exchange.

Time Segmented Volume (TSV)

TSV is a technical indicator that examines a stock’s volume and price and compares them to determine if a stock is under accumulation (buying) or distribution (selling). If TSV is moving up, this can indicate that price may follow.