This preview shows page 1. Sign up to view the full content.
Unformatted text preview: quity
Same as Stock.
Ex dividend shares
Ex dividend is the price of the share which does not contain dividend declared by the
company. The buyer is not entitled to the dividend amount.
The nominal value printed on the face of the share, debenture or bond. Also known as Par
Forward trading refers to trading where contracts traded today are settled at some future
date at prices decided today.
GDR (Global Depository Receipt)
It is an instrument issued abroad, listed and traded on foreign stock markets. A GDR is
convertible into shares, which are listed and traded on the domestic exchange, the dividend
being paid in the domestic currency.
Initial Public Offer. It is the first offering of equity shares made by a company to the general
public. Prior to the IPO the company's shares are held by a select group of people and are
not available to the public.
Liquidity refers to the amount of transactions in a particular counter, the larger the volume
of trading, higher the liquidity.
View Full Document
This note was uploaded on 07/20/2012 for the course ECON 203 taught by Professor Girishdev during the Spring '12 term at Indian Institute of Technology, Kharagpur.
- Spring '12