Transferable certificates of ownership of investment products such as notes, bonds, stocks, futures contracts and options.
Archives
Securities Commission
Each province has a securities commission or administrator that oversees the provincial securities act. This act is a set of laws and regulations that set down the rules under which securities may be issued or traded in that province.
Seed Stock
The shares or stock sold by a company to provide start-up capital before carrying out an initial public offering (IPO).
Sell Side Analyst
An analyst employed by a brokerage house such as Merrill Lynch.
Settlement Date
The date when a securities buyer must pay for a purchase or a seller must deliver the securities sold. Settlement must be made on or before the third business day following the transaction date in most cases.
Share Certificate
A paper certificate that represents the number of shares an investor owns.
Shareholders Equity
The difference between the total of assets and liabilities shown on a company’s balance sheet. Book value is the shareholders equity divided by the number of outstanding shares.
Shares outstanding
The total number of shares issued by a corporation.
Relative Dividend Yield
dividend yield of a stock compared the dividend yield of the S&P 500.
Relative Position Report
A TSX report that ranks each Participating Organization’s/Member’s trading activity relative to the total market and the other POs/Members. It is produced monthly for each TSX Group PO/Member.