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An issue that is recorded on the transfer agent’s electronic book rather than being held as a physical note.

A listed issuer that is subject to special reporting rules.

A special-term order when there is a clear understanding between the buying and selling parties that they will settle the trade directly with each other.

A disclosure system that facilitates certain Canadian-U.S. cross-border securities offerings, issuer bids and takeover bids. It is intended to reduce costly duplication of disclosure requirements and other filings when issuers from one country register securities offerings in the other. Under the rules, eligible cross-border offerings are governed by the disclosure requirements of the issuer’s home country.

Orders placed before the market opens to buy or sell shares of stocks when their options expire. These orders are guaranteed a complete fill at the opening price to offset expiring options. They must be ordered between 4:15 p.m. and 5:00 p.m. on the Thursday before the third Friday of each month.

A seller of an option contract who does not own a position in the underlying security.

The difference between the previous day’s closing price and the last traded price.

A strategy for selecting stocks using screening criteria that have been found to work in the past.

Usually involves looking for stocks in a strong uptrend (high relative strength), strong earnings growth, and increasing earnings forecasts. In today’s market, may include relative strength only.

Companies currently in favor by investors (price/sales greater than 10, price/earnings greater than 35 or so).