Blotter

• The Bloomberg terminal, developed by businessman Michael Bloomberg, is a popular hardware and software system that allows investors to access real-time market data, investment analytics and their own trading platforms.

• The Electronic Communications Network (ECN) is a digital system that connects buyers and sellers who wish to trade securities in the financial markets.

FactSet Research System is a financial data and software company that provides research for Wall Street professionals and individual investors.#

• The NASDAQ Global Select Market Composite is a market capitalization-weighted index of approximately 1,400 stocks representing the NASDAQ Global Select Market.

• The OTC Bulletin Board (OTCBB) was a regulated over-the-counter (OTC) securities quotation service provided by the Financial Industry Regulatory Authority (FINRA).

• When the market is considered to be driven by quotes, the transactions are determined by those who make the markets, not by investors, with dealers and specialists who want to fill orders from their inventory or match them with other orders.

• Stock screeners are tools that allow investors and traders to sort through thousands of individual securities to find those that fit their own methodologies.

• The Toronto Stock Exchange is the largest exchange in Canada.

• Transaction costs are the fees that banks and brokers receive from buyers and sellers for their roles.

• Risk acceptance or risk containment is a conscious strategy of recognizing the possibility of small or rare risks without taking measures to hedge, hedge or avoid these risks.

• Alternative trading systems (ATS) are platforms for coordinating large purchase and sale transactions.

• Anchoring is a behavioral finance term describing an irrational bias towards an arbitrary benchmark figure.

• Arbitrage is the simultaneous buying and selling of an asset in different markets in order to exploit tiny differences in their prices.

• Arbitrageurs are investors who exploit market inefficiencies of any kind. They are necessary to ensure that inefficiencies between markets are smoothed out or kept to a minimum.

• Asset-Backed Securities (ABS) are financial securities backed by income-producing assets such as credit card receivables, home equity loans, student loans, and auto loans.

• Audit risk is the risk that the financial statements will be materially incorrect, even if the auditor’s report indicates that the financial statements do not contain any material misstatement.

• Ax (or “chopping axe”) refers to the desired position that the trader wants to take.

• Basket trading is a portfolio management strategy used by institutional investors to buy or sell a large number of securities at the same time.

• Behavioral finance is a field of research focused on how psychological influences can affect market outcomes.

• A beneficial owner is a person who enjoys the benefits of ownership, despite the fact that the ownership of the property is registered in a different name.

• The offer size is the amount of the security that investors are willing to purchase at the specified offer price.

• The offer price refers to the highest price a buyer will pay for a security.

• The bid-ask spread is the difference between the highest price a buyer is willing to pay for an asset and the lowest price a seller is willing to accept.

• Binary options depend on the outcome of the offer “yes or no”.

• Bloomberg is a media conglomerate providing financial news and information, research and financial data.