Buy or sell limit order will expire at close of trading if not executed.
Archives
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.
Stop Order (stop loss)
Order with broker to sell stock at market price when it goes down to specified (limit) price.
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.
Good til Canceled
Buy or sell limit order remains active until you cancel it.
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.
Open End Mutual Fund
Investors buy shares directly from fund, and sell shares directly to fund. Share price is Net Asset Value (NAV).