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Market Basics & Instruments

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Market Basics & Instruments

Unlisted Company

A company whose shares are not admitted to trading on any stock exchange, so they can only be transferred privately.

Test: no class of the company's shares is admitted to dealings on a recognised exchange qualitative
Market Basics & Instruments

Unrealised Gain

The paper profit on a position that is still held, measured as the difference between the current price and the purchase price.

Unrealised Gain = (Current Market Price - Purchase Price) x Quantity Held