Author: todorm

A type of stock that gives the holder the right to earn dividends at a higher rate.

The face value of a bond or the stock value stated in the corporate charter.

A decentralized market where the participants trade with one another directly, without the need for an exchange.

Overbought – when a security makes an extended move to the upside. Oversold – when a security makes an extended move to the downside

Things that a company owns, benefits from or uses to generate income that can be converted into cash within one business cycle.

An original issue discount is a type of debt instrument, most often a bond, that is sold at a lower price than face value when it was originally issued.

The amount of discount or the difference between the original face value and the price paid for a bond.

Ordinary shares give their owners the right to vote at company shareholder meetings and come with no guaranteed dividend.

An exchange employee in charge of keeping a book of public limit orders on exchanges utilizing the “marker-maker” system, as opposed to the “specialist system”, of executing orders.

The Options Clearing Corporation works with regulators and acts as the issuer and guarantor for options and futures contracts.