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Term Definition
Slang used for minimum spread.
Author: TMX Group
Hits: 911
Time value

The portion of an option's price or premium that is attributable to the amount of time remaining until it expires. The longer an option has until it expires, the more opportunities its price has to fall in-the-money. Time value is in addition to intrinsic value, which is the amount by which the option is in-the-money.

Author: NYSE & Euronext
Hits: 977

When bid and ask orders or quotes match they are thereafter referred to as trades.

Author: SIX Swiss Exchange
Hits: 848
Trading halt

A trading halt is imposed by the exchange, usually due to the dissemination of news that might impact a stock's price.

Author: TMX Group
Hits: 1075
Transfer Agent

A trust company appointed by a listed company to keep a record of the names, addresses and number of shares held by its shareholders. Frequently, the transfer agent also distributes dividend cheques to the company's shareholders.

Author: TMX Group
Hits: 985