Glossary of terms used on this site

  Glossary of terms used on this site
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Term Definition
Ex-Dividend Date

The date on or after which the buyer of a security is not entitled to the dividend already declared.

Ex-Right Date

The date on which the official quotation for a share is marked XR i.e. ex rights, in the daily official list.

Exchange traded funds (ETF)

A security that tracks an index but has the flexibility of trading like a stock.

Exchange-traded derivative

A derivative which is listed and traded at an organized market-place. Derivatives exchanges generally provide standardized contracts and central clearing facilities for participants.

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