Stock List Deletion

A security issue that is removed or delisted from the list of tradable security issues of an exchange. It is usually accompanied with a reason for deletion and the deletion date.

Screening

Searching the entire universe of mutual funds or stocks meeting user-specified criteria.

Open

This is the price at which a security opens for the trading day. A stock can open at the previous closing price, gap up or gap down.

Stock Price Index

A statistical measure of the state of the stock market, based on the performance of certain stocks. Examples include the S&P/TSX Composite Index and the S&P/TSX Venture Composite Index.

Seat

The traditional term for membership on a stock exchange. An investment dealer or brokerage buys a seat on the exchange and one employee is designated as the seat holder. As Toronto Stock Exchange is now demutualized, there are no longer seats on the exchange.

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.