- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The percentage that the unsold portion of your initial investment in this security has gained or lost in value.
Industry:Financial services
In 1993, the U.S. Securities and Exchange Commission approved a new section of the Uniform Practice Code (UPC) requiring FINRA members to close out short sales in NASDAQ® securities that meet a certain clearing short position threshold. Both NASDAQ National Market® and NASDAQ Small Cap Market securities can be restricted under UPC 11830. Under the rules, the short seller's broker/dealer must close out short sale of specific securities 10 days after normal settlement date if delivery of security has not accrued and the transaction is not exempt. Securities subject to close-out requirement are those with an aggregate "clearing" short position of 10,000 shares or more that equals or exceeds one half of one percent of the total shares outstanding. The FINRA will identify these securities daily based on data from National Securities and Clearing Corporation and compile a "restricted list." Any subsequent short-sale transaction in a security on the list that is not completed by delivery of shares within the prescribed time frames will be subject to mandatory close-out if a "fail-to-deliver" situation exists 10 days after normal settlement date.
The rule applies to customer and proprietary short sales, but exempts "bona fide" market making activities and short sales that results in a "bona fide" fully hedged or arbitraged position. For more information, please see FINRA Notice to Members 93-53.
Industry:Financial services
The value of a $10,000 investment in the company's common stock made five years ago, assuming year-end reinvestment of dividends. For example, a value today of $20,000 would mean that the stock experienced a 100% growth rate over 5 years.
Industry:Financial services
This option is available in connection with an initial purchase of a fund in an account. If you elect to reinvest capital gains or capital gains and dividends, such distribution will be automatically used to purchase additional shares of the same fund.
Industry:Financial services
A measure of the income generated for an annual or other measuring period. For stocks, Yield % is the percentage rate of return, paid in annual dividends, on a common or preferred stock. For bonds, yield is the amount of interest paid on a bond divided by the price.
Industry:Financial services
The market value-weighted index showing the change in the aggregate market value of 500 stocks relative to a base period, as calculated by the Standard & Poor's Corporation.
Industry:Financial services
Funds that are passively managed, have limited expenses (advisor fee no higher than 0.50%), and are designed to replicate the performance of the Standard & Poor's 500 Index on a reinvested basis.
Industry:Financial services
A classification of bonds according to risk. S & P's top four grades, "AAA," "AA," "A," and "BBB," are called Investment Grade because they are low-risk investments. Standard & Poor's also evaluates insurance companies according to their ability to pay claims.
Industry:Financial services
Standard & Poor's STARS ranking is the S&P's analyst's evaluation of the six to 12 month price appreciation potential of a stock.
Industry:Financial services
This is a capitalization weighted index representing 3 utility groups and, within the three groups, 43 of the largest utility companies listed on the New York Stock Exchange, including 23 electric power companies, 12 natural gas distributors and 8 telephone companies.
Industry:Financial services
