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A security issue that is newly added to the list of tradable security issues of an exchange. It is accompanied with a new listing date.

Occurs concurrently with the posting of the new issuer’s securities for trading. The preconditions for listing include the acceptance by the Exchange that all listing requirements and conditions have been satisfied. The effective listing date is the date when the listed securities open for trading.

OTC (over-the-counter) foreign trading refers to UMIR Rule 6.4 (e), which permits a trade to be executed off the Exchange, if one or both Participating Organization/Member client accounts are outside of Canada, provided such trades are reported within a specific time frame to the Exchange for public dissemination of the transaction.

A legal document describing securities being offered for sale to the public. It must be prepared in accordance with provincial securities commission regulations. Prospectus documents usually disclose pertinent information concerning the company’s operations, securities, management and purpose of the offering.

Holdings of securities by an individual or institution. A portfolio may include various types of securities representing different companies and industry sectors.

An issue that is recorded on the transfer agent’s electronic book rather than being held as a physical note.

An IPO (initial public offering) is an issuer’s first offering of its securities made to the public in accordance with a prospectus. The offering is often made in conjunction with an issuer’s initial application for listing on an exchange.

Market prices that have risen too steeply and too quickly.

The number of shares that will be outstanding after an IPO.

A listed issuer that is subject to special reporting rules.