New Issuer Listing – Spin-Off

A reorganization that usually results in a newly listed issuer acquiring a business division or assets as its principal operating asset from another issuer (the reorganized issuer), with security holders of the reorganized issuer holding securities in both issuers, following completion of the reorganization.

New Listing

A security issue that is newly added to the list of tradable security issues of an exchange. It is accompanied with a new listing date.

Non-Net Order

A special-term order when there is a clear understanding between the buying and selling parties that they will settle the trade directly with each other.

Margin

Margin allows investors to buy securities using borrowed money from a broker. The investor is charged interest for the loan. Margin requirements differ depending upon the type of transaction being made or the type of stock being purchased, e.g., selling puts, buying stock, credit spreads. Options are not generally marginable.

Margin Call

This is a demand for a client to deposit money or securities into a margin account. This can occur when a purchase is made in excess of the value of the margin account or when the value of an account decreases because the value of the securities held decreases regardless of whether a new purchase is made or not.

Market

The place where buyers and sellers meet to exchange goods and services. It also represents the actual or potential demand for a product or service.

Market Cap

This is a company’s market capitalization. To calculate the market cap, simply multiply the issued and outstanding shares by the current selling price.