Good-Till-Date (GTD) Order

A GTD order will remain in the system until it is either filled or until the date specified, at which time it is automatically cancelled by the system. This is another kind of open order. A Participating Organization can cancel a GTD order at any time.

Insiders

With respect to a corporation or other entity, these are the people who have access to inside information about a company or entity that is material to the stock price. For corporations, they are typically the directors and senior officers of a corporation. A person or entity that owns greater than ten percent (10%) someone of the voting shares of a corporation is also considered an insider.

Delivery

The tender and receipt of the underlying commodity or the payment or receipt of cash in the settlement of an open futures contract.

Ask Size

The aggregate size in board lots of the most recent ask to sell a particular security.

Goodwill

The amount of a company’s shareholder’s equity that exceeds the value of its hard assets. 

Demand

The combined desire, ability and willingness on the part of consumers to buy goods or services. Demand is determined by income and by price, which are, in part, determined by supply.

Interest Coverage

A measure of a company’s ability to pay interest on its debts (operating income divided by interest expenses).