Stock Market Acronyms Flashcards

1
Q

ADTV

A

Average Daily Trading Volume. It is the average of the amount of stock traded during a certain amount of time during a day.

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2
Q

AMEX

A

American Stock Exchange. It is the third largest in the United States. It has more than 700 companies in it and is headquartered in New York City.

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3
Q

CB

A

Current Bid. It is the amount of the bids at the current time.

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4
Q

CMP

A

Current Market Price. It is the price at which the stock is currently being traded. This figure is between the asking price of the stock and the bidding price.

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5
Q

DJIA

A

Dow Jones Industrial Average. The average is taken from 30 of the top traded securities. It was first calculated by the founder and editor of the Wall Street Journal Charles Dow.

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6
Q

IPO

A

Initial Public Offering. This occurs the first time a stock is offered to the public.

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7
Q

IRA

A

Individual Retirement Account. It provides tax breaks for people who are saving for retirement and invests in the stock market.

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8
Q

NASDAQ

A

National Association of Securities Dealers Automated Quotation. Over 3,000 companies are traded on it and it is the second largest in the United States.

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9
Q

PFD

A

Preferred stock. This is stock which has a higher priority than common stock.

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10
Q

QTE

A

Quote. It refers to a stock’s last price it was traded for on its exchange.

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