The date when the purchase or sale of a security takes place.
Archives
Transactions
As reported in exchange trading statistics, represents the total number of trades for a specified period.
Transfer Agent
A trust company appointed by a listed company to keep a record of the names, addresses and number of shares held by its shareholders. Frequently, the transfer agent also distributes dividend cheques to the company’s shareholders.
Transferable Security
A security that can be transferred from one party holder to another without restrictions, provided that all proper documentation is included.
Trend Lines
These are lines, both up and down, that are formed by a stock?s price movement. In the simplest sense, trend lines are drawn between a stocks successive lows to find support, and successive highs to find resistance. The more times a stock?s price touches a trendline and holds, the better an indicator it is. Trend lines can be long term and short term, and, as noted, can be used to determine support and resistance. We often use trendlines to help determine when we should enter of exit trades. When we are in positions and following the trend, we do not like to see the stock break its trend for greater than one day. If a stock does that, it has changed its character, and the trendline is most likely no longer in force.
Trending Market
Price moves in a single direction and it usually closes on an extreme for the day.
Triple Witching
the third Friday of March, June, September and December is the day when index futures, index future options, and certain stock options all expire. Triple Witching Fridays are know for high volatility.
Underlying Interest
The specific security, commodity, index or financial instrument that an option or futures contract is traded.
Undervalued
A stock trading below its fair value.
Unlisted
A security not listed on a stock exchange, but traded on the over-the-counter market.