The aggregate size in board lots of the most recent bid to buy a particular security.
Archives
Black Scholes Option Pricing Model
A model used to estimate the price of an option.
Black-Scholes Model
A mathematical model used to calculate the theoretical price of an option.
Block Trade
A single purchase or sale of a stock involving 10,000 or more shares.
Blue Chip Stocks
Stocks of leading and nationally known companies that offer a record of continuous dividend payments and other strong investment qualities.
Blue Chips
Large, stabile companies.
Board Lot
A standard trading unit as defined in UMIR (Universal Market Integrity Rules). The board lot size of a security on Toronto Stock Exchange or TSX Venture Exchange depends on the trading price of the security, as follows: Trading price per unit is less than $0.10 – board lot size is 1,000 units Trading price per unit is $0.10 to $0.99 – board lot size is 500 units Trading price per unit is $1.00 or more – board lot size is 100 units
Book
An electronic record of all pending buy and sell orders for a particular stock.
At-The-Open
This is a stock’s trading price when a stock begins trading for the day. It may gap up, gap down, or open where it closed the previous session. Where a stock opens can be deceptive, especially if the stock gaps up or down significantly from the closing price.
Average Daily Volume
Average number of shares traded per day over a specified period.