RE: RE: RE: RE: What the hell was that?
Exchange Codes
Base symbols are unique to a company within Canada and within the US, but the same symbol may be used simultaneously in both regions to represent two different companies. Every company has a primary listing on one exchange. If a company has multiple classes of stock, they are distinguished by a suffix that is added to the base symbol.
There are a few US option symbols which are the same as an equity symbol. To restrict a quote to a single exchange, which may help keep your quote displays uncluttered, precede it with a one character exchange code and a colon eg Q:MSFT Z:IBM T:BCE.
Code Region Exchange
U US Special code that matches any US symbol
C Canada Special code that matches any Canadian symbol
Z US Composite feed including the New York and American exchanges
Q US Nasdaq, OTCBB, Pink Sheets and Other OTC
O US OPRA - US Options
I US Non-exchange indexes such as Dow Jones, S&P, Gold
T Canada TSX - Toronto Stock Exchange
V Canada TSX Venture Exchange
M Canada Montreal Exchange
C Canada CNQ
F Canada Canadian Mutual Funds
Quick Quotes
You can enter up to 20 symbols in the Quick Quotes form. If you wish to restrict a symbol to one exchange, precede it with an exchange code as described above. Symbols can be separated with a space or comma.
When you get a quick quote through the power bar at the top of the page, you can choose US or CA as the default region. No exchange code is necessary for symbols in your default region. To get a quote for a symbol in another region, you must specify an exchange code as described above.
Quote/Trade Data and Format
Bid/Ask sizes
These are the numbers to the side of the bid and ask prices. This is the number of shares on the bid and ask, in thousands. Most other services provide this information in "board lots" which is not the same.
For US stocks a board lot (or round lot) is usually 100 shares.
For Canadian stocks the board lot size depends on the previous close price. If the previous close is under $0.10 a board lot is 1000 shares. Otherwise if the previous close is under $1.00 a board lot is 500 shares. Otherwise a board lot is 100 shares.
Trade Markers
The Canadian exchanges provide "Trade Markers" which we display in trade lists.
A Delayed Sale A trade that was not entered at trade time.
B Delayed Delivery A transaction in which delivery of the security will be delayed beyond the normal settlement period.Delayed delivery trades are included in the volume, value, and number of transaction totals but do not affect the open, high, low, last sale, and close prices.
C Contingent Trade Results from an order (e.g. to sell) placed by a PO on behalf of a client for one security which is contingent on the execution of a second order (e.g. to buy) placed by the same client for an offsetting volume of a related security
D Cash A trade that is settled the next day. Cash trades are included in the volume, value, and transaction totals but do not affect open, high, low, last sale, and close prices.
E Non Boardlot (Oddlot) Quantity of shares is not sufficient to comprise a boardlot.
F Mandatory Cash For specific reasons (expiry of rights, redemptions, etc.) all trades in the stock must be settled in cash. In this case, trades will set open, high, low, last prices (as indicated by the trade markers), and are included in the volume, value, transaction totals. These trades do not, however, affect weekly, monthly, or yearly, high and low prices.
G VWAP Trade A transaction for the purpose of executing trades at a volume-weighted average price of the security traded for a continuous period on or during a trading day on the exchange.
H Inactive Board An issuer with business activity levels that fail to meet the minimum continuous listing requirements of the TSX Venture Exchange, which are referred to in TSX Venture policies as the Tier 2 Tier Maintenance Requirements. Trading activity levels have no bearing on an issuer's designation as an "Inactive Board" for the purposes of TSX Venture Exchange policies.
I Inactive Issuer
J Capital Pool The Capital Pool Company (CPC) program is unique to TSX Venture Exchange and is defined in Policy 2.4 of the Exchange's Corporate Finance Manual. The CPC program permits an IPO to be conducted and an Exchange listing to be achieved by a newly created company that has no assets, other than cash, and has not commenced commercial operations. The CPC then uses this pool of funds to identify and evaluate assets or businesses which, when acquired, qualify the CPC for listing as a regular Tier 1 or Tier 2 Issuer on the Exchange. Should the CPC not complete a Qualifying Transaction within 18 months of its date of listing, it may be suspended from trading or delisted. In consideration of the restrictions on this type of issuer as reflected in Policy 2.4, the Exchange has added an identifier of ".P" to the trading symbols for CPCs to differentiate them from other listed companies
K Sets the Last Price
L Sets the Open Price
M Special Terms Trading All trades executed and settled in other than the regular manner. Special Terms Trades do not affect the open, high, low, and last prices (as indicated by the trade markers). "Special terms" trades are included in the volume, value, transactions totals.
N Non-voting Shares
O Basis Trade A transaction whereby a basket of securities or an index participation unit is transacted at prices achieved through the execution of related exchange-traded derivative instruments, which may include index futures, index options and index participation units in an amount that will correspond to an equivalent market exposure.
P Accrued Interest Stock Used for debentures. Accrued interest will be calculated and added to the price of the trade for settlement purposes.
Q Market On Close Trade An explanation from the TSX web site:
https://www.tsx.com/en/productsAndServices/tradingProducts/tse/moc/index.html
R Restricted Voting Shares Voting is restricted to a specified portion of the shares held.
S STS (Special Trading Session) Results from an order placed by a PO on behalf of a client for execution in the Special Trading Session at the last sale price.
U Trading in $US.
V Subordinate Voting Shares Shares belonging to the class containing the fewest votes per share (if the stock is divided into more than 1 class)
X Internal Cross An internal cross is defined as a cross between two client accounts of a Participating Organization which are managed by a single firm acting as portfolio manager with discretionary authority to manage the investment portfolio granted by each of the clients.