Average P/E Ratio

Average P/E Ratio

Average price/earnings ratio of stocks owned by a mutual fund.

Average Daily Volume

Average Daily Volume

Average number of shares traded per day over a specified period.

At-The-Open

At-The-Open

This is a stock's trading price when a stock begins trading for the day. It may gap up, gap down, or open where it closed the previous session. Where a stock opens can be deceptive, especially if the stock gaps up or down significantly from the closing price.

At The Close

At The Close

This is the price of the last trade of a stock when the market closes for the day. This price is of primary importance in our trading as where a stock closes in its range tells us much about the direction and momentum of the stock.

Assets

Assets

Everything a company or person owns, including money, securities, equipment and real estate. Assets include everything that is owed to the company or person. Assets are listed on a company's balance sheet or an individual's net worth statement.

Asset Allocation

Asset Allocation

The process of dividing your funds among different classes of investments such as stock, bond, or real estate. You could further allocate your stock funds into value, growth, foreign, etc.

Ask Size

Ask Size

The aggregate size in board lots of the most recent ask to sell a particular security.

Ask Price

Ask Price

The price you are asked to pay when you buy a stock (see 'Bid Price').

Ask or Offer

Ask or Offer

The lowest price at which someone is willing to sell the security. When combined with the bid price information, it forms the basis of a stock quote.


Anonymous Trading

Anonymous Trading

Permits Participating Organizations to voluntarily withhold their true broker identities when entering orders and trades on TSX trading systems.

Annual Report

Annual Report

A publication, including financial statements and a report on operations, issued by a company to its shareholders at the company's fiscal year-end.

Analyst

Analyst

Someone typically working for a brokerage house, who publishes buy/hold/sell recommendations and earnings forecasts for a stock. Buy side analysts work for institutional buyers, and sell side analysts work for brokerages. 

American-Style Options

American-Style Options

Options that can be exercised any time during their lifetime. These are also known as open options.

American Depositary Receipt (ADR)

American Depositary Receipt (ADR)
A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation. 

All-or-None Order

All-or-None Order
An order that must be filled completely or the trade will not take place.

All or None instruction

All or None
This is an instruction you can give your broker when placing a buy or a sell order. This instruction ensures that your order will be filled in its entirety or not at all. This prevents having a partial execution of your trade.

After-Hours Trading


After-Hours Trading
stock trading when the major stock exchanges are closed. 

Accrued Expenses

Accrued Expenses
Expenses shown on the income statement but not yet paid.