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Glossary of terms used on this site

  Glossary of terms used on this site
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Glossaries

Term Definition
Screen based trading

Form of trading that uses modern telecommunication and computer technology to combine information transmission with trading in financial markets.

Secondary Market

The market for previously issued securities or financial instruments.

Settlement Date

The date specified for delivery of securities between securities firms.

Short position

In futures, the short has sold the commodity or security for future delivery; in options, the short has sold the call or the put and is obligated to take a futures position if he or she is assigned for exercise.

Stock splits

A distribution of company’s own capital stock to existing stockholders with the purpose of reducing the market price of the stock, which would hopefully increase the demand for the shares.

Sub broker

Any person not being a member of a stock exchange who acts on behalf of a stock-broker as an agent or otherwise for assisting the investors in buying, selling or dealing in securities through such stock-brokers.

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