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.
Archives
Blue Chips
Large, stabile companies.
Surprise
Difference between reported earnings and analysts’ consensus forecasts. It’s a positive surprise if reported earnings exceed forecasts, and a negative surprise when reported earnings come in below forecasts.
Non-Operating Expenses
Expenses not due to basic business of company.
Suspended Issue
The status of a listed security of an issuer whose trading privileges have been revoked by the Exchange. All securities of the issuer remain suspended until trading privileges have been reinstated, or the issuer is delisted.
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
Non-Operating Income
Income not derived from basic business of company.
Book
An electronic record of all pending buy and sell orders for a particular stock.
Sweep
Movement of funds from a non interest-bearing account to an interest bearing account.
Non-Resident Order
A special term order when one or more participants in the trade is not a Canadian resident.