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Transaction Date

The execution date refers to the specific day on which the buying or selling of a financial instrument occurs. This date is significant in the world of finance as it marks the official transaction of a security. It is crucial for investors to keep track of execution dates in order to accurately record and analyze their investments. Understanding this term is essential for navigating the complexities of the financial market.

Mixed Lot or Broken Lot

In the world of finance, an odd lot is an order that does not fit into traditional board lot sizes. This means it can consist of any number of shares, rather than being a mu...

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Certificate

A security's physical document which serves as evidence of ownership, typically issued in the form of a bond or stock. This document is of utmost importance in the world of ...

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New Issuer Listing - IPO (Initial Public Offering)

When a company decides to go public, it offers its securities to the general public through an IPO. This is done through a prospectus, which outlines the company's financial...

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Minimum Fill Order

In finance, a term order with a minimum fill condition will only enter the market if its initial fill meets the minimum share requirement. For instance, let's say an order i...

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