Pro forma statements
A block of stock consisting of less than 100 shares. When odd lots trade, a quality is regularly tacked on by the specialist or market maker. These accept the least favorable price and operate last.

Off-market transfer
The transport of shares between parties without using a stock broking firm as the intermediary.

Offer
The price at which a celebrity is ready to sell shares.Offer period
Offer Period means;
          (a) In relation to a Takeover Bid, the period for which offers under the bid remain open; or
          (b) In relation to a Scheme, the period from the date an announcement of intention to propose a Scheme is first received by the                 Exchange until the date on which the Scheme is affected.

Offering circular
The document arranged by the warrant issuer which provides information about the exacting warrant series.

Open
This is the price at which a safety opens for the trading day. A stock can open at the preceding closing price, gap up or gap down.

Open end fund
A managed speculation where there is a uneven number of units on issue.

Open Interest
This is a key feature in trading options. This is the total number of decision contracts outstanding for that definite decision. The number of outstanding option contracts in the exchange market or in a particular class or series.

Open Order
This is an unoccupied order to buy or sell a security. An open order remnants open until is it packed or cancelled. Day orders that are unoccupied at day’s end are cancelled automatically.

Opening Purchase
A transaction in which the purchaser's purpose is to create or increase a long situation in a given succession of options.

Opening Sale
A transaction in which the seller's purpose is to create or increase a short situation in a given succession of options.

Operating activities
Second-hand in the Statement of Cash Flows for those cash flows from tricks which relate to the condition of goods and services which are neither investing nor financing activities.

Operating profit
Distinct in the Listing Rules as the income for the relevant stage resulting from the operations of the article or group during the period of a kind carried on regularly to reach the objectives of the article or group.

Option
An decision is the right to buy or sell a particular amount of a safety at a specified price on or before a specific date. Options expire at a specified time. An decision is a contract between two parties giving the taker the right, but not the requirement, to buy or sell an underlying asset at a exacting price on or before a particular date.

Option Pricing Curve
A graphical representation of the projected price of an decision at a fixed point in time. It reflects the amount of time value premium in the decision for various stock prices, as well.

Options Clearing Corporation
The issuer of all scheduled option contracts that are trading on the national option exchanges.

Ordinary share
The most normally traded security. Holders of normal shares are part owners of a company and may collect payments in cash, called dividends, if the company trades gainfully.

Out of the Money
This is a expression used with respect to options. A call decision is out of the money when the thump price of the call is above the underlying stock’s recent value. A call decision or warrant is out of the money when the current market price of the underlying asset is under the exercise price. A decision that has Time Value and no Intrinsic Value.

Outstanding Amount
In relative to Endowments the Outstanding Amount is the exercise price.

Overbought
Market prices that have risen too suddenly and too speedily.

Overseas home exchange
Defined in the record Rules as the place of an entity's prime listing

Oversold
Market prices that have declined too steeply and too quickly.

Overvalued
Describing a safety trading at a higher price than it reasonably should. In general associated with the results of decision price predictions by mathematical models.

Owners' equity
The concern of shareholders or other owners in the assets of an article. At any time, it is the cumulative net result of past transactions and other procedures and circumstances affecting the article.