The specific security, commodity, index or financial instrument that an option or futures contract is traded.
Archives
Trading Session
The period during which the Exchange is open for trading.
Undervalued
A stock trading below its fair value.
Trailing Twelve Months (TTM)
The last four reported quarters.
Unlisted
A security not listed on a stock exchange, but traded on the over-the-counter market.
Transaction Date
The date when the purchase or sale of a security takes place.
Upside Breakout
This occurs when a stock has consolidated, formed a base, or has been in a trading range, and then breaks above that level, surpassing resistance at the top of the range or base. Breakouts are suspect if they do not occur on high volume (compared to average daily volume). When playing a stock to buy on the upside breakout, we like to use a “buy stop” which calls for purchase when a stock rises above a certain price.
Transactions
As reported in exchange trading statistics, represents the total number of trades for a specified period.
Uptick
A stock is said to be on an uptick when the last trade occurred at a higher price than the one before it.
Transfer Agent
A trust company appointed by a listed company to keep a record of the names, addresses and number of shares held by its shareholders. Frequently, the transfer agent also distributes dividend cheques to the company’s shareholders.