Quiet Period

Time after IPO, typically 25 days, when all parties involved in IPO are prohibited from commenting on the company’s future prospects. Analysts employed by underwriters are free to make buy/hold/sell recommendations after the Quiet Period expiration.

Quote

Information on the last trade, and current bid and asked prices. Most quotes are intentionally delayed about 20 minutes.

Rally

A brisk rise in the general price level of the market or price of a stock.

OTC Foreign Trading

OTC (over-the-counter) foreign trading refers to UMIR Rule 6.4 (e), which permits a trade to be executed off the Exchange, if one or both Participating Organization/Member client accounts are outside of Canada, provided such trades are reported within a specific time frame to the Exchange for public dissemination of the transaction.