The price you are asked to pay when you buy a stock (see ‘Bid Price’).
Archives
Bid
The highest price a buyer is willing to pay for a stock. When combined with the ask price information, it forms the basis of a stock quote.
Anonymous Trading
Permits Participating Organizations to voluntarily withhold their true broker identities when entering orders and trades on TSX trading systems.
Board Lot
A standard trading unit as defined in UMIR (Universal Market Integrity Rules). The board lot size of a security on Toronto Stock Exchange or TSX Venture Exchange depends on the trading price of the security, as follows: Trading price per unit is less than $0.10 – board lot size is 1,000 units Trading price per unit is $0.10 to $0.99 – board lot size is 500 units Trading price per unit is $1.00 or more – board lot size is 100 units
Business Trust
A trust that usually generates cash flows from one business or operating company, unlike an investment fund, which generates income from a diversified pool or portfolio. The trust holds debt and equity interests of an operating business. Businesses that exhibit these characteristics may opt for a trust structure over a corporate structure to take advantage of tax efficiency.
Transaction Date
The date when the purchase or sale of a security takes place.
Ask Size
The aggregate size in board lots of the most recent ask to sell a particular security.
Ask or Offer
The lowest price at which someone is willing to sell the security. When combined with the bid price information, it forms the basis of a stock quote.
Bid Size
The aggregate size in board lots of the most recent bid to buy a particular security.
Buy Side Analyst
Analyst working for mutual fund or other institutional investor. We don’t usually get to see their reports.