Stock Exchange

Active Stocks
Securities that have been actively traded on a particular stock exchange during a particular period. Active stocks are characterized by high trading volumes and frequent price movements, which make them attractive for traders looking for opportunities in market trends.
American Stock Exchange (AMEX)
The American Stock Exchange (AMEX) is the third-largest options exchange in the United States, known for pioneering index options on broad-based and sector indices. Acquired by NYSE Euronext in 2008, AMEX combines electronic trading with a human-based open outcry system.
At the Opening
Customer's order to a broker to buy or sell a security at the price that applies when an exchange opens. If the order is not executed at that time, it is automatically canceled.
Bear
A dealer on a stock exchange, currency market, or commodity market who expects prices to fall, often selling securities without owning them in anticipation of repurchasing them at a lower price.
Bolsa
The term 'Bolsa' refers to a stock exchange in Spanish-speaking countries. Just like the term Bourse in French and Borsa in Italian, it traces back to the meaning 'purse'.
Bombay Stock Exchange (BSE)
The Bombay Stock Exchange (BSE) is one of the largest and oldest stock exchanges in the world, providing a crucial platform for the trading of a wide array of market assets.
Bourse
The term 'Bourse' refers to a stock exchange, particularly derived from the French term used for stock markets. It is fundamentally a place where securities, commodities, derivatives, and other financial instruments are traded.
Bovespa (São Paulo Stock Exchange)
The São Paulo Stock Exchange, known as Bovespa, is the largest and most significant stock exchange in Latin America, located in Brazil. It merged with the Brazilian Mercantile and Futures Exchange (BM&F) in 2008.
Clearinghouse
A clearinghouse is an essential financial institution that functions to facilitate the exchange, balancing, and settlement of payments or securities transactions, reducing the complexity and risk associated with such transactions.
Closed-End Mutual Fund
Closed-End Mutual Funds are investment companies that operate with a limited number of shares outstanding. Unlike open-end mutual funds, which create new shares to meet investor demand, closed-end funds have a fixed number at inception.
Dawn Raid
An aggressive strategy by a company or investor to acquire a substantial equity stake in another company by purchasing available shares immediately as the stock market opens, often catching the target company off guard.
Delisting
Delisting refers to the removal of a company's stock from trading on an organized stock exchange, such as the New York Stock Exchange. This can occur if the issuer fails to meet specific listing requirements or voluntarily chooses to delist.
Dual-Capacity System
A system of trading on a stock exchange in which the functions of stockbroker and stockjobber are carried out by separate firms. Dual capacity existed on the London Stock Exchange prior to October 1986 when a single-capacity system was introduced.
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.
Flotation
Flotation refers to the process of launching a public company for the first time by inviting the public to subscribe for its shares. This process is also known as 'going public'.
Listed Company
A listed company is one that has a formal listing agreement with a major stock exchange, ensuring that its shares are publicly quoted and traded on that exchange. In the UK, these companies were once referred to as quoted companies.
Listed Option
A listed option refers to a put or call option that has been authorized for trading on an exchange, also known as an exchange-traded option. These options feature standardized terms and are regulated by a governing body, ensuring fair and transparent trading.
Listed Security
A listed security refers to a financial instrument that is traded on a recognized stock exchange, meeting specific criteria and adhering to stringent regulatory requirements, thereby providing transparency, liquidity, and marketability.
Listing
The act of placing real estate for sale with a broker or entering a security to be traded on a stock exchange.
Listing Requirements
The conditions that must be satisfied before a security can be traded on a stock exchange. To achieve a quotation in the Official List of Securities of the main market of the London Stock Exchange the requirements contained in a listing agreement must be signed by the company seeking quotation.
Market Price
Market price refers to the prevailing price of a product, service, security, or raw material in an open and competitive market. This term is crucial in formal markets such as stock exchanges or commodity markets.
Market Report
A comprehensive summary and analysis of the daily activities of a stock exchange or other financial markets, including major stock indices, economic indicators, and notable events influencing the markets.
Member Firm
A member firm, also known as a member corporation, is a brokerage firm that holds at least one membership on a major stock exchange. While exchange rules stipulate that the membership is officially in the name of an employee, it is the firm that utilizes the membership.
Montreal Exchange/Bourse de Montréal
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.
NASDAQ
NASDAQ, an electronic market for securities that began in 1971, has grown to become the largest stock market in the USA, listing more than 3000 companies. It was the first screen-based trading system to operate without a physical trading floor.
New Listing
A 'New Listing' refers to a security that has just begun to trade on a stock or bond exchange. This type of security is typically scrutinized for having met all listing requirements and may be an initial public offering (IPO) or a security that was previously traded on another exchange such as NASDAQ.
NYSE Euronext
NYSE Euronext was a multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange and Euronext. It facilitated global trading and investments, providing market data, listings, and trading services.
Penny Shares
Penny shares are securities with very low market prices traded on a stock exchange, often appealing to small investors due to the potential for significant holdings at a low cost.
Placing
The sale of shares by a company to a selected group of individuals or institutions as a means of flotation or raising additional capital.
Prospectus
A document that provides detailed information about a new issue of shares or debentures, inviting the public to invest. The prospectus must comply with regulatory requirements and be filed with the appropriate authority.
Public Limited Company (c.c.c.)
A Public Limited Company, abbreviated as PLC or (c.c.c.) in Welsh, is a type of company whose shares are traded freely on a stock exchange and can be bought by the general public. These companies adhere to more complex regulations and scrutiny to ensure transparency and protect investors.
Public Offering
A public offering refers to the process where securities are offered for sale to the general public, typically through a stock exchange. This mechanism allows companies to raise equity capital from a broad investor base.
Publicly Held Corporation
A publicly held corporation is a type of business entity whose shares of common stock are offered to the general public and traded on a national stock exchange.
Publicly Traded Corporation
A publicly traded corporation, also known as a publicly held corporation, is a company that has sold a portion of itself to the public via the issuance of stock on a stock exchange, allowing for liquidity and access to capital.
Quoted Company
A quoted company, also known as a listed company, is a business entity whose shares are traded on a stock exchange. These companies are subject to strict regulatory requirements and transparency rules to protect investors.
Reverse Takeover
A Reverse Takeover (RTO) involves a private company purchasing control of a publicly-traded company, often as a cost-effective means to obtain a stock exchange listing.
Rights Issue
A method by which listed companies on a stock exchange raise new capital by offering new shares to existing shareholders. This concept is based on pre-emption rights, ensuring existing shareholders can purchase new shares proportionally to their existing holdings.
SEAQ (Stock Exchange Automated Quotations System)
SEAQ, or Stock Exchange Automated Quotations System, is an electronic trading platform used for pricing and trading UK and international stocks. It facilitates seamless and transparent trading by providing continuous bid and offer prices.
Secondary Market
A secondary market is a marketplace where investors buy and sell securities they already own. It differs from the primary market, where securities are initially issued. The secondary market provides liquidity and enables price discovery for traded assets.
Secondary Market
A secondary market is a crucial component of the financial market where securities are traded among investors after being initially offered to the public on the primary market.
Shanghai Stock Exchange (SSE)
The Shanghai Stock Exchange (SSE) is one of the largest stock exchanges in the world, located in Shanghai, China. It plays a pivotal role in China's capital markets and offers a platform for securities trading, including stocks, bonds, and derivatives.
SIX Swiss Exchange
The SIX Swiss Exchange is the main stock exchange in Switzerland, created as SWX Swiss Exchange in 1995. It was established by the unification of exchanges in Zurich, Geneva, and Basle into a single fully automated trading system.
Specialist
A specialist is an individual with extensive knowledge and expertise in a specific field or area. In the context of securities, a specialist is a member of a stock exchange responsible for maintaining a fair and orderly market in one or more securities.
Stock Exchange
A marketplace for the sale and purchase of securities, where prices are determined by the forces of supply and demand. Stock exchanges facilitate capital raising for public companies, governments, and other entities, while providing liquidity for investors.
Stock Market
The stock market is a complex network of exchanges and investors engaged in buying, selling, and issuance of shares from publicly held companies, facilitating capital growth and wealth building.
Stockbroker
An agent who buys and sells securities on a stock exchange on behalf of clients and earns commission for this service.
The City of London
The City of London, often referred to simply as 'the City,' represents London’s financial district where many prominent banks, financial markets, and exchanges are headquartered. It remains an influential international merchanting center situated in a one-square-mile area known as the Square Mile.
Ticker Symbol
A ticker symbol is a unique series of letters assigned to a security or company for trading purposes on a stock exchange. Ticker symbols provide a simplified way to quickly identify and interact with company stocks.
Tokyo Stock Exchange (TSE)
The Tokyo Stock Exchange (TSE) is the largest stock exchange in Japan and among the largest, most important, and most active stock markets globally. Transitioning from a continuous auction market to a fully computerized system, the TSE operates without a physical trading floor.
Tokyo Stock Exchange (TSE)
The principal stock exchange of Japan, the Tokyo Stock Exchange (TSE), is a major global exchange and currently the third-largest in the world by market capitalization. The TSE is well-known for its efficiency and modern electronic trading platforms.
Trading Halt
A trading halt is a temporary suspension of trading for a particular security, typically imposed by a regulatory authority to ensure fair trading and to allow the dissemination of important information.
Trading Post
A trading post is a physical location on a stock exchange floor where specific securities are bought and sold. It serves as a focal point for the activities of market makers, brokers, and traders.
Turnover
Turnover, also known as sales revenue, represents the total income generated by an organization from selling goods and services, excluding discounts and taxes, within a specified period.
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.
Unlisted Security
An unlisted security is a financial instrument such as a stock or bond that is not listed on any major stock exchange and is typically traded over-the-counter (OTC).

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