Dealer broker trader difference between then and than


Common Shares or Common Stock Securities that represent part ownership in a company and generally carry voting privileges. These include federal government treasury bills, short-term Government of Canada bonds, commercial paper, bankers' acceptances and guaranteed investment certificates. Debt Value The total dollar value of volume traded on one side of the transaction for a specified period. The brokerage firm risks its own capital to purchase all of the securities to be issued.

Front Month The closest month to expiration for a futures or option contract. They must be ordered between 4: Businesses that exhibit these characteristics may opt for a trust structure over a corporate structure to take advantage of tax efficiency. Income Stock A security with a solid record of dividend payments and which offers a dividend yield higher than the average common stock. An OTC market is also known as an unlisted market.

Ex Right The holder of shares purchased ex rights is not entitled to already-declared rights, but is entitled to future rights issues. Securities Commission Each province has a securities commission or administrator that oversees the provincial securities act. Member See Participating Organizations POs and Members Minimum Fill Order A special term order with a minimum fill condition will only begin to trade if its first fill has the required minimum number of shares.

A requested symbol is available for use if it is appropriate for the type of security and the issuer's voting structure. Ask or Offer The lowest price at which someone is willing to sell the security. Dealer broker trader difference between then and than investor buys more shares when the price is low and buys fewer shares when the price is high. Capitalization Change Any change in the issued and outstanding listed securities of an issuer. Limit Order An order to buy or sell stock at a specified price.

Share Certificate A paper certificate that represents the number of shares an investor owns. Resale of the security is limited. Dollar Cost Averaging Investing a fixed amount of dollars in a specific security at regular set intervals over a period of time. Non-clearing firms may report through the firm that is responsible for their clearing.

Demand The combined desire, ability and willingness on the part of consumers to buy goods or services. Member See Participating Organizations POs and Members Minimum Fill Order A special term order with a minimum fill condition will only begin to trade if its first fill has the required minimum number of shares. A better-priced sell order has a limit price lower than the best bid. GICS are used to classify the constituents of many indices worldwide.

Option Class All options of the same type, either calls or puts, that have the same underlying security. However, under certain corporate statutes in Canada, an issuer may have issued securities and then repurchased those securities without cancelling them. Investment Capital Initial investment capital necessary for starting a business.

American-Style Options Options that can be exercised any time during their lifetime. Mineral exploration and development issuers that have a planned work program of exploration or development. Ticker Tape Each time a stock is bought and sold, it is displayed on an electronic ticker tape.