1. A recommendation to purchase a specific security. 2. To acquire an asset in exchange for currency. Taobiz explains Buy Exact definitions vary by brokerage, but in general this rating is better than neutral but worse than strong buy.
A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a call loan is calculated daily. The resulting interest rate is referred to as the call loan rate. Taobiz explains Call Loan Call loans use securities as collateral for the loan. It is important to note that a call loan can be canceled at any time.
A collection of assorted theories that assert that certain days, months or times of year are subject to above-average price changes in market indexes and can therefore represent good or bad times to invest. Some theories that fall under the calendar effect include the Monday effect, the October effect, the Halloween effect and the January effect. Taobiz explains Calendar Effect Most of the evidence for these effects is anecdotal, although there is a slight statistical case to be made for some of them, which is more than enough to encourage some investors to place their faith in them. Proponents of the October effect, one of the most popular theories, argue that October is when some of the greatest crashes in stock market history, including 1929's Black Tuesday and Thursday and the 1987 stock market crash, occurred. While statistical evidence doesn't support the phenomenon that stocks trade lower in October, the psychological expectations of the October effect still exist.
The securities market in Calcutta, India. The country's second-oldest exchange began in 1908 as the Calcutta Stock Exchange Association with the trading of securities in the East India Company. At this time, it had 150 members. In 1923, the Association became a limited liability concern. In 1980, the exchange was permanently recognized by India's government. In 1997, The Exchange was the largest in the country, and it replaced its manual trading system with a computerized trading system called C-Star. Taobiz explains Calcutta Stock Exchange (CAL) .CL C-Star was subject to a major payment settlement system scam in 2001 that closed down the exchange and resulted in the suspension of 300 CSE members, many of whom were able to get their licenses back several years later. Many companies delisted from the CSE and joined the Bombay Stock Exchange (BSE) or National Stock Exchange instead. In 2007, the CSE entered a piggyback arrangement with the BSE. 2,500 companies are listed exclusively on the CSE, but critics say that there are not enough companies in East India and that very few of CSE's exclusive listings are good companies.
The French stock market index that tracks the 40 largest French stocks based on market capitalization on the Paris Bourse (stock exchange). Taobiz explains CAC 40 The CAC 40 is used as a benchmark index for funds investing in the French stock market and also gives a general idea of the direction of the Paris Bourse. The CAC 40 is similar to the Dow Jones Industrial Average in that it is the most commonly used index that represents the overall level and direction of the market in France. At the time of writing (Aug 2005), the CAC 40 included such companies as Renault, Michelin, L'Oreal and Vivendi Universal.
The price at which a bond or a preferred stock can be redeemed by the issuer. This price is set at the time the security is issued. Also referred to as "redemption price". Taobiz explains Call Price For example, let's say the TSJ Sports Conglomerate issues 100,000 preferred shares with a face value of $100 with a call provision built in at $110. This means that if TSJ were to exercise its right to call the stock, the call price would be $110. A company may exercise its right to call preferred stock if it wishes to discontinue payment of the dividend associated with the shares. It may choose to do this in an effort to increase earnings for common shareholders.
An alternative stock exchange for micro-cap and emerging companies in Canada. Canada's New Stock Exchange (CNQ) offers companies simplified reporting requirements and reduced barriers to entry, compared to the Toronto Stock Exchange and the TSX Venture Exchange. The CNQ does this through its model, which attempts to remove the duplication of regulation between the exchange and the provincial securities commissions. Taobiz explains Canada's New Stock Exchange - CNQ The purpose of the CNQ is to strengthen investor confidence in emerging companies through enhanced disclosure and high regulatory oversight standards. The result is a stock exchange that maximizes liquidity and fosters entrepreneurial spirit, while also offering better protection to investors.
A system for selecting stocks created by Investor's Business Daily founder William J. O'Neil. Each letter in the acronym stands for a key factor to look for in a company. Also referred to as "C-A-N-S-L-I-M" or "CANSLIM". Taobiz explains CAN SLIM The seven-part criteria is as follows: C - Current quarterly earnings per share has increased sharply from the same quarters' earnings reported in the prior year. (Beware of items in financial statements that can cause earnings distortions.) A - Annual earnings increases over the last five years. N - New products, management, and other new events. In addition, the company's stock has reached new highs. S - Small supply and large demand for a stock creates excess demand, and an environment in which stock prices can soar. Companies acquiring their own stock reduces market supply and can indicate their expectation of future profitability. Look for low debt-equity ratios. L - Choose leaders over laggard stocks within the same industry. Use the relative strength index as a guide. I - Pick stocks who have institutional sponsorship by a few institutions with recent above average performance. Be cautious of stocks that are over owned by institutions. M - Determining market direction by reviewing market averages daily.