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The number of shares that will be outstanding after an IPO.

A security’s nominal face value.

A listed issuer is delisted when the last listed security of the issuer is delisted.

An order receives a partial fill when it trades only part of its total committed volume.

The tender and receipt of the underlying commodity or the payment or receipt of cash in the settlement of an open futures contract.

With respect to stocks split or dividends, a pay date is the date that a company pays a dividend or stock split out, which is usually the day before the ex-dividend date.

The combined desire, ability and willingness on the part of consumers to buy goods or services. Demand is determined by income and by price, which are, in part, determined by supply.

A payment made by a market maker to a broker as a thank you for directing your stock trade to that market maker.

Options and other instrument whose value depends on an underlying security. For instance, the value of a call option on Cisco Systems (derivative) fluctuates with the price of Cisco System’s stock.

OTC (over-the-counter) foreign trading refers to UMIR Rule 6.4 (e), which permits a trade to be executed off the Exchange, if one or both Participating Organization/Member client accounts are outside of Canada, provided such trades are reported within a specific time frame to the Exchange for public dissemination of the transaction.