Dictionary
- Tick
- The smallest possible movement (up or down) in the price of a security.
- Ticker
- A scrolling display of current or recent security prices and/or volume. Ticker symbol is a system of letters used to uniquely identify a stock or mutual fund. Symbols with up to three letters are used for stocks which are listed and trade on an exchange. Symbols with four letters are used for Nasdaq stocks. Symbols with five letters are used for Nasdaq stocks other than single issues of common stock. Symbols with five letters ending in X are used for mutual funds.
- Time Value (of an option)
- The amount by which an option's premium exceeds its intrinsic value.
- Trading System
- The combination of rules in accordance with which a trader opens long and/or short positions. Trade system in informational technologies is a virtual system for trade transactions in the mode of a buyer and seller dialog. Usually, a trade system provides consultant services, infrastructural support and other additional possibilities.
- Transaction
- An agreement between a buyer and a seller to exchange an asset for payment. The buying or selling of foreign exchange amount resulting from the execution of an order.