A market that has only buy orders or only sell orders booked for a particular security.
Archives
Growth Stock
The shares of companies that have enjoyed better-than-average growth over recent years and are expected to continue their climb.
Non-Operating Income
Income not derived from basic business of company.
Mid-Cap
Company with market capitalization between $2 billion and $7 billion.
Ontario Securities Commission
The government agency that administers the Securities Act (Ontario) and the Commodity Futures Act (Ontario) and regulates securities and listed futures contract transactions in Ontario.
Convertible Bond
A bond that can be exchanged for shares of stock.
Growth Stocks
Companies with consistent annual earnings and sales growth of at least 15%.
Non-Resident Order
A special term order when one or more participants in the trade is not a Canadian resident.
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.
Convertible Security
A security of an issuer (for example – bonds, debentures, or preferred shares) that may be converted into other securities of that issuer, in accordance with the terms of the conversion feature. The conversion usually occurs at the option of the holder of the securities, but it may occur at the option of the issuer.