Andrew Willis Guide to Trading the World Stock Markets_10 potx

91
www.clickevents.co.uk
Short Sell – The sale of stock with the hope of buying it back later at a lower
price.
Slippage – The difference in price from when an order is placed to when it is
actually carried out.
SOES – The Small Order Execution System.
SOES Order Entry Firm – A firm from NASD that is registered as an Order Entry
Firm for participation in the SOES.
Spread – The difference between the Inside Bid and the Outside Ask.
Stock Dividend – Corporate dividend payment in stock instead of cash.
Stop Loss – A point at which a trader has decided to get out of a trade to
prevent further loss.
SuperDOT (Super Designated Order Turnaround) – A NYSE electronic
system for placing stock orders directly to the specialist.
Support – The point at which falling stock found buyers to prevent further
decline.
Surprise – The price difference between what a trader expects to earn and what
they actually earn.
Symbol (NASDAQ Stocks) – NASDAQ symbols of securities made up of four to
five letters.
Symbol (NYSE Stocks) – NYSE symbols of one, two or three letters
representing securities.
Technical Analysis – Chart patterned studies of price and volume that is
unrelated to Fundamental analysis.
Teenie – 0.125 of a point on the stock market.
92
www.clickevents.co.uk
Trading Halt – An interim stop on the trading of a particular stock because of
news that might affect either the price of stock, the flow of orders, or even
regulatory rule violations.

Two-Sided Market – The NASD and NASDAQ requirement that appropriate bids
and offers are made on each security.
Underwriter – An investment organization that brings a business to public
trading.
Uptick (NASDAQ) – A bid posted higher than the previous bid.
Volatility – The amount of price fluctuation regarding a security.
Volume – The number of shares that are either traded in a specific stock or in
the stock market as a whole.