|Glossary of terms used on this site|
A term used to describe new issue of securities which have same rights as similar issues already in existence.
|Pay In/Pay Out||
The days on which the members of a Stock Exchange pay or receive the amounts due to them are called pay in or pay out days respectively.
The maximum number of listed option contracts on a single security which can be held by an investor or group of investors acting jointly.
The range within which the price of a security or the index of a currency is permitted to move within a given period.
A general term for the process by which financial markets attain an equilibrium price, especially in the primary market. Usually refers to the incorporation of information into the price.
|Price sensitive information||
Any information which relates directly or indirectly to a company and which if published is likely to materially affect the price of securities of the company.
Any document described or issued as a prospectus and includes any notice, circular, advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares in, or debentures of, a body corporate.
One who votes for and on behalf of a shareholder at a company meeting.