Daily Cut-Off

What is 'Daily Cut-Off' In the forex market, a particular point in time specified by a forex dealer to stand as the end of the current trading day and the beginning of a new trading day. This is done for primarily administrative and logistical reasons, because although the forex market trades 24 hours a day, the market...

N

What is 'N' A Nasdaq stock symbol specifying that it is the company's third class of preferred shares. The N in the stock quote will be the fifth letter in the string, thus identifying that the share is not a common share, but rather a preferred share of the third class. On the Nasdaq exchange, N specifically...

O

What is 'O' A component of a stock symbol that indicates the shares of that stock are a second class of preferred shares. The "O" identifier can be seen after the dot of a NYSE stock symbol, or as the fifth letter of a Nasdaq symbol. Explaining 'O' Every security on the market is...

NASDAQ OMX 100 Index

What is 'NASDAQ OMX 100 Index' A market-capitalization weighted index made up of the 100 largest companies listed on the NASDAQ OMX group exchanges in the United States and the Nordic countries. This index tracks large growth stocks across a broad range of sectors, with the Nasdaq's emphasis on innovation, technology, growth and globalization. Explaining...

E. Linn Draper Jr.

What is 'E. Linn Draper Jr.' A former chairman, CEO and president of Ohio-based public utility holding company American Electric Power Company. He became the company's leader just as energy deregulation took place, and he led a merger with another major public utility holding company (Central & South West Corp.), reassured investors of the company's strength in...

P

What is 'P' A symbol that, when used as the fifth letter in a ticker symbol, indicates that a security is a first preferred issue. Called a fifth-letter identifier, "P" and most other letters of the alphabet, can be used to indicate that a security is not common stock, but has a special characteristic. Other examples of...

Q

What is 'Q' A Nasdaq stock symbol specifying that a particular stock is in bankruptcy proceedings. Explaining 'Q' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Economics and finance: q-statistical...

NASDAQ Global Select Market Composite

What is 'NASDAQ Global Select Market Composite' A market capitalization-weighted index made up of U.S.-based and international stocks that represent the NASDAQ Global Select Market Composite. The NASDAQ Global Select Market Composite consists of 1,200 stocks that meet Nasdaq's strict financial and liquidity requirements and corporate governance standards. The Global Market Select Composite is more exclusive than...

S

What is 'S' A Nasdaq stock symbol indicating shares of beneficial interest. Explaining 'S' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Trends in park tourism: Economics, finance and management...

R

What is 'R' 1. An occasional fifth letter in a Nasdaq-traded company's ticker symbol that identifies the stock as a rights offering. Nasdaq-listed securities usually have four or five characters. The ticker symbol by itself has four letters; if a fifth letter appears, it identifies the issue as other than a single issue of common or capital...