Equities

At the Close
An order to buy or sell a security within the final 30 seconds of the trading session. Brokers cannot guarantee that these orders will be executed.
Auction Exchanges
Centralized securities trading markets where securities are bought and sold in an orderly manner through security brokers. Securities, including equities, bonds, options, closed-end funds, and futures, are traded based on bid and offer prices.
Big Board
Popular term for the New York Stock Exchange (NYSE), the largest stock exchange in the world by market capitalization.
Common Stock Equivalent
Preferred stocks or bonds convertible into common stock, or warrants to purchase common stock at a specified price or discount from market price. Common stock equivalents represent potential dilution of existing common shareholder equity.
Common Stock Fund
A common stock fund is a type of mutual fund that exclusively invests in common stocks of publicly traded companies. These funds aim to provide capital growth through equities.
Euronext N.V.
Euronext N.V. is a market and clearing system for equities and traded derivatives, established through the merger of the Amsterdam, Brussels, and Paris stock exchanges. It facilitates the trading of financial instruments across several European countries.
Financial Instruments
Financial instruments are monetary contracts between parties. They can be created, traded, modified, and settled. They may be cash (currency), a contractual right to deliver or receive cash (as expressed by a bond), or another type of instrument that conveys ownership (equity).
High-Frequency Trading (HFT)
High-Frequency Trading (HFT) involves the use of complex algorithms to trade large volumes of shares at very high speeds. This computerized trading strategy has been associated with sudden market movements and remains a controversial practice despite prevalent regulation attempts.
Hot Stock
A term used to describe newly issued stock that rises quickly in price, often due to strong interest and demand from investors.
Investment Analyst
An investment analyst helps in making informed decisions about investments in securities, commodities, and more, typically employed by financial institutions.
Main Market
The premier market for the trading of equities on the London Stock Exchange, featuring stringent listing requirements and greater liquidity compared to the Alternative Investment Market.
Mid-Cap
Mid-Cap stocks typically have a market capitalization between $1 billion and $5 billion, positioned between small-cap and large-cap stocks. These stocks often offer a blend of stability and growth potential.
OTC Bulletin Board (OTCBB)
A regulated quotation service providing real-time quotes and last-sale prices for equities sold in the US over-the-counter market. Created by the National Association of Securities Dealers, Inc. (NASD) in 1990.
Over-the-Counter (OTC)
Over-the-Counter (OTC) trading refers to financial securities that are traded through a dealer network rather than through formal exchanges such as the New York Stock Exchange (NYSE).
SIX Swiss Exchange
The SIX Swiss Exchange is Switzerland's primary stock exchange, facilitating trade in a variety of securities including stocks, bonds, and derivatives. It is renowned for its efficiency and innovative trading technology.
Toronto Stock Exchange (TSE)
The Toronto Stock Exchange (TSE) is the largest stock exchange in Canada, listing around 1,200 company stocks and offering 33 options. The exchange employs both open outcry and Computer Assisted Trading System (CATS) for its operations.
Unlisted Securities
Unlisted securities, also known as unquoted securities, are typically issued by companies not listed on an official stock exchange. These securities often present higher risks due to less stringent compliance requirements compared to listed securities.
Yield
Yield is a measure of the income generated from an investment over a particular period, expressed as a percentage of the investment's cost or current market value. This concept applies variably to fixed-interest securities and equities.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.