Market Basics & Instruments

The short alphabetic code used by an exchange to identify a listed security in quotes, orders and trade reports.

Test: the code is exchange-assigned, unique within that exchange, and resolves to exactly one security qualitative

A market participant who buys and sells to profit from price movement over short horizons rather than from the underlying business.

Test: the entry and exit decisions rest on price, volume and positioning, with a horizon measured in minutes to months qualitative

Market Basics & Instruments

The account with a broker through which buy and sell orders are placed on an exchange.

Test: the account is opened with a trading member of an exchange and is used to route orders, not to hold securities qualitative

Market Basics & Instruments

The rupee value of trading in a security over a period, obtained by multiplying each trade's quantity by its price.

Turnover = Sum of (Trade Quantity x Trade Price) over the period ₹ crore