The terms 'X' and 'XD' are symbols used in newspapers and financial reports to signify that a stock or bond is trading without its respective dividend or interest.
A municipal bond that does not have the legal opinion of a bond law firm printed on it, necessitating buyers to be warned that the bond lacks the usual legal opinion.
A term with multiple definitions, spanning real estate, finance, bond trading, and general business contexts. The nuanced meanings can significantly impact various industries.
Canada's oldest stock exchange and second-largest in dollar value of trading, known for trading stocks, bonds, futures, and options through a specialist system combined with automated systems.
A round lot refers to the standard quantity of securities or commodities that are traded on an exchange. For stocks, it typically means 100 shares or any number that is easily divisible by 100, while for bonds, it is generally $1,000 or $5,000 par value.
