An order placed which is not at the current market price. It becomes a market order once the security touches the specified price. Buy stop orders are placed above the present market price. Sell stop orders are placed below the present market price (also known as a stop loss). If a stock gaps past the stop order, it becomes a market order and is filled at the next trading price.
Archives
Stop Order (stop loss)
Order with broker to sell stock at market price when it goes down to specified (limit) price.
Street Certificate
These are certificates registered in the name of a securities firm rather than the owner of the security. This makes the certificate easily transferable to a new owner.
Structured Products
Closed-end or open-end investment funds, which provide innovative and flexible investment products designed to respond to modern investor needs, such as yield enhancement, risk reduction, or asset diversification. Structured products allow investors to buy a single unit/share of a fund that represents an interest in the investment portfolio. Based on the investment strategy, the portfolio can purchase a basket of securities, track an index, or hold a specific type of security or portion of a security.The subcategories under the structured products include: investment funds, ETFs, capital trusts, split share corporations, and mutual fund partnerships.
Substitutional Listing
A broad category of transactions that involves one security on the stock list being replaced by another security or securities.
Short Sale Squeeze
A short sale squeeze occurs when there are many short sale positions on a stock the stock begins to increase. As the stock price rises, the short sellers scramble to cover their short positions, i.e., buying the stock they have sold back. This creates demand for the stock above that which caused the stock price to start rising in the first place, and can lead to rapid price appreciation.
Short Selling
The selling of a security that the seller does not own (naked or uncovered short) or has borrowed (covered short). Short selling is a trading strategy. Short sellers assume the risk that they will be able to buy the stock at a lower price, cover the outstanding short, and realize a profit from the difference.
Short Squeeze
A sharp move up in stock price forcing short sellers to liquidate their positions.
Short-term Debt
Borrowings that must be repaid within one-year.
Short-term Investments
Stocks and other liquid securities.