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840 terms · page 23 of 35
Open Offer
A mandatory offer to buy shares from public shareholders, triggered when an acquirer crosses a control threshold.
Orders, Execution & Market StructureOpen Order
An order that has been accepted by the exchange but not yet executed, cancelled or expired.
Technical Analysis & Chart PatternsOpen, High, Low, Close
The four prices that summarise a trading period: the first trade, the highest, the lowest and the last.
Market Basics & InstrumentsOpening Price
The price at which a security's first trade of the session is executed, determined in India by a pre-open call auction.
Financial Statements & AccountingOperating Cash Flow
The cash generated by a company's core business activities during a period, after working capital movements and taxes paid.
Financial Statements & AccountingOperating Expenses
The costs of running the business that are not direct costs of production, such as employee benefits, selling costs and administration.
Fundamental Analysis & ValuationOperating Leverage
The degree to which a company's fixed costs amplify the effect of a revenue change on its operating profit.
Fundamental Analysis & ValuationOperating Margin
Operating profit as a percentage of revenue, showing what the core business keeps before interest and tax.
Financial Statements & AccountingOperating Profit
Profit from the core business after all operating costs including depreciation, but before interest and tax.
Market Psychology & Behavioural FinanceOptimism Bias
The tendency to expect better outcomes for oneself than the base rate justifies.
Derivatives, Futures & OptionsOption
A contract giving its buyer the right, but not the obligation, to buy or sell an underlying at a set price by a set date.
Derivatives, Futures & OptionsOption Chain
A table listing all available strikes for an underlying and expiry, with prices, volumes and open interest for calls and puts.
Derivatives, Futures & OptionsOption Intrinsic Value
The value an option would have if exercised immediately, which is never less than zero.
Derivatives, Futures & OptionsOption Premium
The price paid by an option's buyer to its writer for the rights the contract confers.
Derivatives, Futures & OptionsOption Writer
The party that sells an option and takes on the obligation to perform if the holder exercises.
Orders, Execution & Market StructureOrder Book
The exchange's live record of all unexecuted buy and sell limit orders in a security, ranked by price and then by time.
Orders, Execution & Market StructureOrder Matching
The exchange process that pairs a buy order with a sell order at a compatible price to create a trade.
Orders, Execution & Market StructureOrder-to-Trade Ratio
The number of orders a participant submits for each trade actually executed, used by exchanges to price message traffic.
Corporate Actions, Dividends & GovernanceOrdinary Resolution
A shareholder resolution requiring a simple majority of votes cast in favour to pass.
Indicators & OscillatorsOscillator
An indicator that moves within a bounded range, used to describe the pace of price change rather than its direction.
Financial Statements & AccountingOther Income
Income earned outside the company's main operations, such as interest, dividends received, rent or gains on asset sales.
Derivatives, Futures & OptionsOut of the Money
An option that would have no value if exercised immediately.
Market Psychology & Behavioural FinanceOutcome Bias
Judging the quality of a decision by how it turned out rather than by the information available when it was made.
Indicators & OscillatorsOverbought
A description of an oscillator reading above a conventional upper threshold, such as RSI above 70.