|Glossary of terms used on this site|
Anything less than the standard unit of trading.
|Offer For Sale||
An offer of securities by existing shareholder(s) of a company to the public for subscription, through an offer document.
The period between the date of entering into Memorandum of Understanding or the public announcement, as the case may be and the date of completion of offer formalities relating to the offer.
Price at which units in trust can be bought. It often includes an entry fee. It also refers to the price at which securities are offered to the public.
The number of contracts outstanding for a given option or futures contract.
An order to buy and sell a security that remains in effect until it is either cancelled by the customer or executed.
It is an ‘electronic book’ that shows the demand for the shares of the company at various prices.
|OTC (Over the Counter)||
A financial transaction that is not made on an organized exchange. Generally the parties must negotiate all the details of each transaction or agree to use simplifying market conventions.