O Flashcards
Open
In United States the stock market opens at 9:30 AM Eastern time every day. It’s based on the trading hours of the NASDAQ and NYSE. Pre-market trading hours begin at 4:30 AM Eastern, But most traders don’t be in paying attention until about 8 AM essentially, open refers to the time at which people can begin trading on a particular exchange.
Order
And investors in bed to buy or sell a certain amount of stock or option contracts constitute an order. You have to put an order in to buy or sell 100 shares of stock for instants (Look at cards p “Pink Sheets” for example)
Over-The-Counter (OTC)
In general, the reason for which is stock is treated over-the-counter is usually because the company is small, making it unable to meet exchange listing requirements. Also known as “unlisted stock” , the securities are treated by broker dealers to negotiate directly with one another over computer networks and by phone.
OTC Bulletin Board (OTCBB)
Electronic reading for non-NASDAQ listed companies, some liquid/volatile, but rarely trade over $5/share.
Online Discount Brokers
Electric trolling power the customers are the most frequent