Triple Witching

the third Friday of March, June, September and December is the day when index futures, index future options, and certain stock options all expire. Triple Witching Fridays are know for high volatility.

Unlisted

A security not listed on a stock exchange, but traded on the over-the-counter market.

Transactions

As reported in exchange trading statistics, represents the total number of trades for a specified period.

Transfer Agent

A trust company appointed by a listed company to keep a record of the names, addresses and number of shares held by its shareholders. Frequently, the transfer agent also distributes dividend cheques to the company’s shareholders.

Transferable Security

A security that can be transferred from one party holder to another without restrictions, provided that all proper documentation is included.