Trades greater than or equal to 10,000 shares in size and greater than or equal to$100,000 in value.
Blue Chip Stocks
Stocks of leading and nationally known companies that offer a record of continuousdividend payments and other strong investment qualities.
A standard trading unit as defined in UMIR (Universal Market Integrity Rules). The board lot size of a security on Toronto Stock Exchange or TSX Venture Exchangedepends on the trading price of the security, as follows:
Trading price per unit is less than $0.10 - board lot size is 1,000 units
Trading price per unit is $0.10 to $0.99 - board lot size is 500 units
Trading price per unit is $1.00 or more - board lot size is 100 units
Promissory notes issued by a corporation or government to its lenders, usually with aspecified amount of interest for a specified length of time.
An electronic record of all pending buy and sell orders for a particular stock.
Orders that do not trade immediately upon entry. These orders are also known asoutstanding orders.
A type of underwriting where the brokerage firm acts as principal. The brokerage firmrisks its own capital to purchase all of the securities to be issued. If the price of thesecurities decreases before the brokerage firm has had a chance to resell the securities toits clients, the firm absorbs the loss.
British Columbia International Commercial Arbitration Centre (BCICAC)
An arbitration centre established to resolve business disputes that have not been resolvedthrough normal channels. As part of its services, the centre will accept claims up to$50,000 from clients of participating members of the Investment Dealers Association of Canada (Pacific Division) and TSX Venture Exchange.
British Columbia Securities Commission (BCSC)
The provincial government agency responsible for administering and enforcing theSecurities Act and the Commodity Contract Act of British Columbia.
Broker or Brokerage Firm
A securities firm or a registered investment advisor affiliated with a firm. Brokers are the