Ask price (Offer price/ Offer)- Ask price is the price a seller is willing to accept for a security
Ask Size-The total number of shares in board lots of the most recent ask to sell a particular security.
Bid price-The highest price a buyer is willing to pay for a security is called bid
Bid Size-The total number of shares in board lots of the most recent bid to buy a particular security
Business Day- Any Week day from Monday to Friday, excluding statutory holidays is called business day
Clearing Day- Any week day from Monday to Friday on which the clearing corporation is open to effect trade clearing and settlement.
Clearing Number- It is the trading number of the clearing Participating Organization or Member.
Client Order- It is the order placed by a retail customer of a Participating Organization.
Close- Price of a scrip when market closes for the day
Day Order- It is the order placed for intraday, which is valid only for the day it is entered.
Daily Price Limit- It is the maximum price change (advance or decline) permitted for a futures contract in one trading session compared to the previous day's closing price.
Delist- It is the removal of a particular security's listing on a stock exchange.
Face Value- Face value is the nominal value value of a security stated by the issuer. In case of stocks, it is the original cost of the stock shown on the certificate.
Futures- Futures is a financial contract to buy or sell securities at a future date
Hedge- Hedge is a strategy used to reduce the risk of adverse price movements in a security, by making a transaction that offsets an existing position in a related security.
High- When the price of a scrip/ Indice reaches day's highest level while trading it is called high
Initial Public Offering (IPO)-The first issue of shares of a company to the general public through primary market.
Long- In stock market the term long refers to ownership of securities.If you are long on 1000 shares of a company, it means that you own 1000 shares of that company.
Low-When the price of a scrip/Indice reaches day's lowest level while trading it is called low
Market Order- Market order is the order that a trader makes through a broker to buy or sell securities immediately at the best current price.
Net Change- The difference between the previous day's closing price and the last traded price of a security or Index.
Open-Open is the first price of a scrip/indice when the market opens
Open Interest- The term open interest refers to the net open positions of a futures and/or option contract.
Open Order- An order to buy or sell securities that remains in the system for more than one day.It remains in effect until it is canceled by the customer or until it is executed or until it expires.
Par Value- The normal face value of a security is called par value.
Position Limit- It is the maximum number of futures and/or options contracts of one underlying security, any individual or corporate is allowed to hold at one time.
Previous Close- Close price of a scrip on previous day
Price-Earnings (P/E) Ratio- It is the valuation ratio of a company's current share price compared to its per-share earnings.It is calculated as
a particular security's last closing market price per share divided by the latest reported 12-month earnings per share (EPS).
Spread- The difference between the bid and the ask price of a security is called spread.
Strike Price- It is the price at which a specific derivative contract can be exercised.It is commonly used in option trading.The purchases and sales are known as calls and puts.In calls the strike price is the price that a security can be bought with in expiration date. In puts the strike price is the price that a security can be sold with in expiration date.
Trading Session- Trading session is the period during which the Exchange is open for trading.That is the time between the opening bell and closing bell on a trading day.
Volume- Number (quandity) of Scrips traded
52 week high (Year high)- When the price of a scrip/Indice reaches 52 week's highest level
52 week low (Year low)-When the price of a scrip/Indice reaches 52 week's lowest level
In finance, the term 'Long position' or 'Long' is used to describe the
ownership of a stock, security, contract,commodity or another financial
instrument.In other words the buying of a financial instrument with the
expectation of rise in price is called Long.It is the opposite of the
'short position' or 'short'. If one person or entity is long on a
security, it means that the holder owns the security or financial
instrument. He will get profit if the price rises. The 'long position'
(long) is established by placing a buy order.
