Stock Markets

National Quotation Bureau: Publisher of Pink Sheets
The National Quotation Bureau, now known as Pink Sheets LLC, is the publisher responsible for the compilation and dissemination of quotes for over-the-counter (OTC) securities, primarily known for their 'Pink Sheets'.
Net Change: Understanding Daily Price Fluctuations
Net Change refers to the difference between the last trading price of a stock, bond, commodity, or mutual fund from one trading day to the next.
Net Transaction: A Detailed Overview
An in-depth exploration of net transactions, where buyers and sellers engage in securities transactions without fees or commissions, including historical context and examples.
New Listing: Security That Has Just Begun to Trade on an Exchange
A comprehensive guide covering what a new listing is in the context of the stock or bond exchange, its requirements, types, implications, and historical context.
No-Load Fund: Mutual Fund without Sales Charges
A no-load fund is a type of mutual fund offered by open-end investment companies that imposes no sales charge on shareholders. Investors buy shares directly from these funds, bypassing brokers, and avoiding the fees associated with load funds.
Nonpublic Information: Understanding Insider Trading Regulations
Nonpublic Information involves facts about a company that can significantly impact its stock price when made public. It includes restrictions on trading for insiders until the information is disclosed to the public.
Odd Lot: Securities Trade
An Odd Lot refers to stocks or bonds traded in blocks of fewer than 100 shares. It is different from a round lot, which usually consists of 100 shares. This term is significant in trading as it can affect liquidity and transaction costs.
OEX: Standard & Poor's 100 Stock Index
Standard & Poor’s 100 stock index, known as OEX, is an American stock market index comprised of 100 leading U.S. stocks with options traded on various exchanges.
Open Order: Buy or Sell Order for Securities
An Open Order is a buy or sell order for securities that has not yet been executed or canceled. It may be classified as a Good-till-Canceled order, among other types.
Or Better (OB): Securities Trading Indication
A detailed explanation of 'Or Better (OB)' as an instruction used in limit orders to indicate that a broker should execute the order at a price better than the specified limit, if possible.
Outstanding Capital Stock: Definition and Importance
Outstanding capital stock refers to the shares in the hands of stockholder, which are crucial in the calculation of dividends and represent the total voting power in a corporation.
Over The Counter (OTC): Understanding Non-Exchange Marketplaces
A comprehensive overview of Over The Counter (OTC) markets, exploring their structure, significance, types, examples, and differences with exchange-traded markets.
Overbought: Technical Analysis and Market Conditions
Overbought conditions occur when a security has experienced an unexpectedly sharp price rise and is vulnerable to a correction. Understanding this concept can help investors anticipate potential market movements.
Oversold: Understanding Market Trends and Potential Reversals
A comprehensive look at the term 'Oversold,' referring to a stock or market that has experienced a sharp price decline, potentially signaling an imminent price rise as per technical analysis.
Panic Buying/Selling: Understanding Market Reactions
A comprehensive guide to understanding panic buying and selling, the triggers, effects, and strategies to manage such market reactions.
Pink Sheets: Over-the-Counter Stock Listings
An in-depth look at Pink Sheets, the daily publication detailing bid and asked prices of thousands of OTC stocks, including historical context, practical applications, and related terms.
PLUS TICK: Understanding the Concept
A comprehensive overview of the term PLUS TICK, its implications in stock markets, and how it compares to an UPTICK.
Poop and Scoop: Market Manipulation Scheme
Poop and Scoop is an illegal stock market manipulation strategy where false negative information about a stock is spread to reduce its price, allowing manipulators to buy the stock cheaply and later profit from it.
Premium Income: Income from Selling Options
A comprehensive overview of premium income, a type of income received by investors through the sale of put or call options. Includes definitions, types, considerations, examples, historical context, applicability, comparisons, related terms, FAQs, references, and a final summary.
Presidential Election Cycle Theory: Hypothesis on Stock Market Predictability
The Presidential Election Cycle Theory hypothesizes that major stock market moves can be predicted based on the four-year presidential election cycle, anticipating economic recovery engineered by the incumbent president.
Principal Stockholder: Understanding Key Players in a Corporation
A Principal Stockholder is a stockholder who owns a significant number of shares in a corporation. Under Securities and Exchange Commission (SEC) rules, a principal stockholder owns 10% or more of the voting stock of a registered company.
Pump and Dump: Illegal Stock Manipulation Scheme
Comprehensive definition of the Pump and Dump scheme, an illegal practice involving the artificial inflation of stock prices for profit.
Rally: Marked Rise in Price
A rally refers to a significant increase in the price of a security, commodity future, or market after a period of decline or flat movement.
Reading the Tape: Monitoring Stock Prices for Market Insights
A detailed examination of Reading the Tape, a method of monitoring changes in stock prices displayed on ticker tapes to gauge immediate market conditions of stocks, industry groups, or the market as a whole.
Registered Representative (RR): A Key Financial Advisor
A Registered Representative (RR) is an employee of a stock exchange member broker/dealer who acts as an account executive for clients, providing advice on which securities to buy and sell. Licensed by the SEC and NYSE, RRs earn compensation through commission income.
Regular-Way Delivery (and Settlement): Completion of Securities Transactions
Regular-Way Delivery (and Settlement) refers to the completion and finalization of a securities transaction at the office of the purchasing broker, typically on the third full business day following the transaction date, as mandated by the New York Stock Exchange.
Reverse Split: Reducing Shares Outstanding
A detailed explanation of the reverse split procedure, where a corporation reduces the number of shares outstanding while maintaining the market value.
Round Lot: Generally Accepted Unit of Trading on a Securities Exchange
A round lot, typically 100 shares for stocks or a specific par value for bonds, represents the standard trading unit on major securities exchanges like the New York Stock Exchange.
Scale Order: Averaging the Purchase Price in Stages
A Scale Order involves executing a specified number of shares in stages to average the price, typically implemented as the market declines.
SEAT: Membership on a Securities or Commodities Exchange
A detailed exploration of the term 'SEAT,' referring to membership on a securities or commodities exchange, typically bought and sold at market-driven prices.
Securities Markets: General Term for Markets in Which Securities are Traded
Comprehensive overview of securities markets, including organized exchanges and over-the-counter markets, their structure, functions, and significance.
Sell-Off: Understanding Market Dynamics
A comprehensive guide on the phenomenon of selling securities under pressure to avoid further declines in prices, often observed in financial markets. Includes examples, historical context, and related terms.
Selling Climax: Market Downturn Indicator
A sudden and sharp decrease in security prices where stock or bond holders panic and offload their holdings drastically, often signaling the bottom of a bear market.
Selling Short: A Comprehensive Overview
Detailed explanation of Selling Short, a strategy involving the sale of securities, commodities, or foreign currency not actually owned by the seller, aiming to buy them back at a lower price.
Selling Short Against the Box: A Short Selling Strategy
An extensive guide to the financial strategy of selling short against the box, including definitions, types, examples, historical context, and related terms.
Sensitive Market: Market Easily Influenced by News
A sensitive market is one that is easily swayed by the announcement of positive or negative news, resulting in wider fluctuations compared to more confident markets.
Sentiment Indicators: Measures of Bullish or Bearish Mood of Investors
Sentiment indicators are metrics used to gauge the prevailing mood of investors, whether bullish or bearish. Technical analysts often use these indicators as contrary signals to predict market movements.
Short Covering: Understanding the Process
Short covering involves the actual purchase of securities by a short seller to replace those borrowed at the time of a short sale. It plays a crucial role in financial markets and trading strategies.
Short Interest: Comprehensive Analysis
Detailed exploration of Short Interest in the stock market, including definitions, mathematical formulations, historical context, and practical applications.
Short Squeeze: Crucial Financial Phenomenon
A short squeeze occurs when many traders with short positions are forced to buy stocks or commodities to cover their positions and prevent losses, leading to a surge in prices.
Short-Sale Rule: Historical Market Regulation for Short Sales
The Short-Sale Rule, rescinded in 2007, was a Securities and Exchange Commission rule that required short sales to be made only in a rising market. Also known as the plus-tick rule.
Small-Cap: Small Capitalization Stocks and Mutual Funds
An overview of small-cap stocks, including their characteristics, market capitalization, and volatility compared to larger companies.
Special Situation: Under-valued or Highly Fluctuating Stock
A comprehensive description of special situations in the stock market, involving stocks that are expected to change in value due to imminent events or exhibit high daily fluctuations due to specific news developments.
Stock Buyback: Corporate Share Repurchase
An in-depth look into stock buybacks, also known as share repurchase plans, where companies buy back their own shares from the marketplace.
Stock Rights: Understanding the Basics of Subscription Rights or Warrants
Comprehensive explanation of stock rights, also known as subscription rights or warrants, covering their types, uses, and examples in the context of stock markets and investments.
Stockholder of Record: Common or Preferred Stockholder Whose Name is Registered on the Books of a Corporation
An in-depth look at the definition and role of a Stockholder of Record, the individual or entity registered on a corporation's books as owning shares on a specified date, eligible for dividends and distributions.
Stop Order: Trading Mechanism in Stock Markets
A stop order is an instruction to a broker to buy or sell a security once it reaches a specified stop price, aimed at protecting profits or limiting losses.
Subscription Price: Rights Offering and Subscription Warrants
The Subscription Price is the price at which existing shareholders of a corporation are entitled to purchase common shares during a rights offering, or the price at which subscription warrants can be exercised.
Suspended Trading: Temporary Halt in Security Trading
Suspended Trading refers to the temporary halt in trading a particular security, often in advance of major news announcements or to correct imbalances of buy and sell orders.
Technical Rally: Short-Term Price Increase in a Declining Market
A Technical Rally is a short-term rise in the price of securities or commodities futures within a broader declining trend, often stimulated by bargain-hunting investors or the identification of support levels.
Ticker System: Running Report of Trading Activity
A comprehensive overview of the ticker system, including its function in providing real-time trading activity reports, historical context, and modern applications in stock exchanges.
Ticker Tape: Financial Information Transmission
Ticker tape historically refers to the paper strip on which stock price quotes were transmitted by telegraph machines. Nowadays, the term is often used to describe the continuous stream of price quotes seen on financial news channels.
Tokyo Stock Exchange (TSE): Largest Stock Exchange in Japan
The Tokyo Stock Exchange (TSE) is the largest of the eight stock exchanges in Japan and one of the largest, most important, and most active stock markets in the world. Formerly a continuous auction market, it is now fully computerized with no trading floor.
Toronto Stock Exchange (TSE): Canada's Largest Stock Exchange
The Toronto Stock Exchange (TSE), the largest stock exchange in Canada, lists around 1,200 company stocks and offers 33 options. Operating with both open outcry and the Computer Assisted Trading System (CATS), it plays a pivotal role in financial markets.
Tout: Aggressive Promotion of an Item
An in-depth look into the practice of touting, which involves aggressive promotion by corporate spokespeople, public relations firms, brokers, or analysts, and the ethical implications it has in the financial markets.
Trading Limit: Comprehensive Definition and Guide
An in-depth exploration of trading limits in financial markets, covering types, applications, and related concepts like fluctuation limits.
Trading Post: Physical Location on a Stock Exchange Floor
A comprehensive guide to the concept of a trading post as a physical location on a stock exchange floor where particular securities are bought and sold.
Trading Unit: Standard Quantities for Trading
A Trading Unit is the standardized number of shares, bonds, or other securities that is generally accepted for ordinary trading purposes on the exchanges.
Trend Line: A Tool for Predicting Future Price Movements
An in-depth exploration of trend lines, used by technical analysts to chart past direction and predict future movements of securities or commodities.
Unissued Stock: Shares Not Yet Issued by a Corporation
Unissued stock refers to shares that a corporation is authorized to issue but has not yet distributed. These shares, while part of the company's authorized capital, do not participate in dividends and lack voting rights.
Unit of Trading: Minimum Trading Units
Detailed exploration of the Unit of Trading, which constitutes the minimum number of shares, bonds, or commodities traded on an exchange.
Unregistered Stock: Understanding Letter Stock
Unregistered stock, often known as letter stock, is a type of stock that is not registered with the Securities and Exchange Commission (SEC) and is usually issued through private placements. This article delves into the characteristics, types, and implications of unregistered stock.
Uptrend: Upward Direction in Prices
A detailed exploration of an uptrend, which represents the upward direction in the price of a stock, bond, or commodity futures contract, or the overall market.
Wallflower: Stock That Has Fallen Out of Favor with Investors
A detailed exploration of Wallflower stocks, their characteristics, and investment implications. Understand why these stocks have fallen out of favor with investors and how they are evaluated.
Watch List: Securities Monitored for Irregularities
A Watch List is a compilation of securities singled out for special surveillance by a brokerage firm, an exchange, or another self-regulatory organization to track potential irregularities. This may include takeover candidates, companies about to issue new securities, or entities experiencing heavy trading volume.
Watered Stock: Overinflated Stock Issuance
Watered Stock refers to stock issued at a significantly inflated price relative to its book value or actual worth, often leading to ethical and financial complications.
WHEN ISSUED: Condition-Based Transactions in Securities
An in-depth look into 'WHEN ISSUED' securities, focusing on condition-based transactions occurring before the formal issuance of authorized financial instruments, such as stocks, bonds, and U.S. Treasury securities.
Wilshire 5000: Broadest Barometer of American Stock Performance
The Wilshire 5000 is a stock index comprising 5,000 common stocks, representing the most comprehensive barometer of American stock market performance.
X or XD Symbol: Stock and Bond Indicators
An explanation of the X or XD symbols used in newspapers to signify when a stock is trading ex-dividend or when a bond is trading without accrued interest.
Year-End Dividend: Comprehensive Guide
An in-depth look at year-end dividends, their types, implications, and how they fit into corporate finance and shareholder strategies.
52-Week High/Low: Comprehensive Guide, Importance in Trading, and Practical Example
Explore the concept of the 52-week high/low, its significance in trading strategies, practical applications, and illustrative examples. A must-read for investors and traders aiming to make informed decisions.
52-Week Range: Comprehensive Overview, Examples, and Investment Strategies
An in-depth exploration of the 52-week range, detailing its definition, significance in stock trading, examples to illustrate its application, and investment strategies based on the 52-week range.
Abnormal Return: Definition, Causes, and Example
An in-depth analysis of abnormal returns, exploring the definition, underlying causes, and illustrative examples of this financial concept.
Advance/Decline (A/D) Line: Technical Indicator for Market Sentiment
The Advance/Decline (A/D) Line is a technical breadth indicator that shows market sentiment by calculating the difference between the number of advancing and declining stocks.
Alpha in Finance: Meaning, Importance, and Practical Examples
Explore the concept of Alpha in finance, its importance in measuring investment performance, and practical examples of its application relative to benchmark indices.
Alphabet Stock: Definition, Mechanisms, and Applications
An in-depth examination of alphabet stocks, exploring their definition, how they function, various types, and their applications within a corporate structure.
American Stock Exchange (AMEX): Definition, History, and Transformation into NYSE American
Explore the comprehensive history, evolution, and current status of the American Stock Exchange (AMEX), now known as the NYSE American. This entry delves into its origins, significant milestones, and its role in the financial markets.
Amsterdam Stock Exchange (AEX) .AS: History, Function, and Modern Significance
Explore the history, functionality, and modern significance of the Amsterdam Stock Exchange (AEX). Founded in the 1600s with the Dutch East India Co., it is considered the oldest in the world and merged to form Euronext Amsterdam in 2000.

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