A special term order with a minimum fill condition will only begin to trade if its first fill has the required minimum number of shares. For example, an order to buy 5,000 shares with a minimum volume of 2,000 shares can only trade if 2,000 or more shares become available.
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Issue
Any of a company’s securities or the act of distributing the securities. Issued shares refer to the portion of a company’s shares that have been issued for sale. A company does not have to issue the total number of its authorized shares.
Naked Writer
A seller of an option contract who does not own a position in the underlying security.
Large-Cap
Company with market capitalization greater than $8 billion.
Insider Ownership
number of shares owned or controlled by insiders.
Liquidity
a measure of the number of shares, or dollar value of shares traded daily. Mutual funds and other institutional buyers prefer high liquidity stocks so they can easily move in and out of positions.
Industry Group
companies in related businesses.
Master Limited Partnership (MLP)
Similar to a real estate investment trust (REIT), except MLPs are not limited to a specific industry compared to REITs which must invest in real estate. Both types trade like stocks on the New York Stock Exchange, and both types must distribute most of their earnings in the form of dividends.
Last Sale Price
For a Market On Close (MOC)-eligible security, the last sale price equals the calculated closing price. If the MOC closing price acceptance parameters are exceeded, it equals the last board lot sale price of the security on the exchange in the regular trading session.For any other listed security, the last sale price equals the last board lot sale price of the security on the exchange, in the regular trading session.
Listed Stock
Shares of an issuer that are traded on a stock exchange. Issuers pay fees to the exchange to be listed and must abide by the rules and regulations set out by the exchange to maintain listing privileges.