Lesson 2 Chapter 2 Flashcards
What is a bid-ask spread?
The difference between the highest price that buyers are willing to pay for a security and the lowest price that sellers are willing to accept
What is a dealer market?
A market in securities in which dealers act as principals
What is liquidity?
The ability of a market to absorb a reasonable amount of buying and selling at reasonable price charges
What is a TSX Venture capital?
A Canadian market in which junior companies are listed
What is a primary market?
A market for new issues of securities; proceeds of sale go directly to the issuing company
What is a secondary market?
A market on which securities are traded among investors and dealers
What is a common share?
Securities representing ownership in a company that carry voting privileges
What is money market?
A market in which short-term (less than 1 year) debt securities are traded
What is Montreal exchange?
A market that deals with non-agricultural options and futures.
What is preferred shares?
A share class primarily purchase by investors seeking dividend income
