Time Segmented Volume (TSV)

TSV is a technical indicator that examines a stock’s volume and price and compares them to determine if a stock is under accumulation (buying) or distribution (selling). If TSV is moving up, this can indicate that price may follow.

Trading Issue

The status of a listed security of an issuer whose trading privileges are active on the Exchange.

PEG

Price to earnings ratio divided by the forecast annual earnings growth rate. Traditionally, stocks were said to be fairly valued when the p/e and the forecast growth rate were equal.

Secondary Offering Financing

The dollar value of secondary offering securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. It is the stated prospectus price multiplied by the “number of securities issued under the offering plus the over allotment”.

Good Till Canceled

An order placed with a broker meaning that it is good until either filled or canceled. In practice, this order has to be re-confirmed twice annually.

Stock Split

A corporate action that increases the number of securities issued and outstanding, without the issuer receiving any consideration for the issue. Approval by security holders is required in many jurisdictions. Each security holder gets more securities, in direct proportion to the amount of securities they own on the record date; thus, their percentage ownership of the issuer does not change. For example, a two-for-one stock split involves the issuance of two new securities for every old security.

Open Order

An order that remains in the system for more than a day. See Good-Till-Cancelled or Good-Till-Date.

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.

Good-Till-Cancelled (GTC) Order

A GTC order will remain in the system until the date that it is filled or until a maximum of 90 calendar days from date of entry, whichever happens first. This type of order is also referred to as an open order. A Participating Organization can cancel a GTC order at any time.