A composite representing the value of a group of stocks.
Archives
Generally Accepted Accounting Principles (GAAP)
Accounting rules and procedures established by the Financial Accounting Standards Board, an independent self-regulating organization.
Insider Trading
This is trading in the shares of an entity by its directors and officers. These individuals are required to disclose their trades before they happen, and several services provide this information to investors. It is useful, though not an absolute indicator as to a stock?s potential movement, to know if insiders are selling or buying shares of the company they run.
Good For the Day
Buy or sell limit order will expire at close of trading if not executed.
Investment Fund
A closed-end fund that offers investors the ability to buy a security that represents a portfolio of investments with a specific investment strategy. These products use funds raised through a public offering to invest in a portfolio of securities, which are actively managed to create income streams for investors, typically through a combination of dividends, capital gains, interest payments, and in some cases, income from derivative investment strategies. These funds are not directly related to an operating business. Some examples are: funds of income funds, senior loan funds, mortgage-backed security funds, and commodity funds.
Index Option
An option whose underlying security is an index. An example would be the S&P 100 (OEX). A trader can buy index options and bet on the direction of the OEX.
Geographic Funds
Mutual funds specializing in a specific geographic area such as Europe.
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.
Good til Canceled
Buy or sell limit order remains active until you cancel it.
Index Participation Unit (IPU)
See Exchange-Traded Fund (ETF).