A security that features an option for the holder to require the issuer to redeem it, subject to specified terms and conditions.
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REIT (real estate investment trust)
A special form of corporation that invests primarily in real estate. REITs do not pay federal income taxes as long as they pay out 90% of their earnings to shareholders in the form of dividends.
Relative Dividend Yield
dividend yield of a stock compared the dividend yield of the S&P 500.
Relative Position Report
A TSX report that ranks each Participating Organization’s/Member’s trading activity relative to the total market and the other POs/Members. It is produced monthly for each TSX Group PO/Member.
Real-Time Quotes
Stock trading price reports that have not been artificially delayed.
Record Date
This is the date that a stock must be in your account for you to receive a dividend. The record date has nothing to do with how we trade stock splits.
Redeemable Security
A security that carries a condition giving the issuer a right to call in and retire that security at a certain price and for a certain period of time.
Registered Traders
A trader employed by a securities firm who is required to maintain reasonable liquidity in securities markets by making firm bids or offers for one or more designated securities up to a specified minimum guaranteed fill.
Quiet Period
Time after IPO, typically 25 days, when all parties involved in IPO are prohibited from commenting on the company’s future prospects. Analysts employed by underwriters are free to make buy/hold/sell recommendations after the Quiet Period expiration.
Quote
Information on the last trade, and current bid and asked prices. Most quotes are intentionally delayed about 20 minutes.