91 www.clickevents.co.uk Short Sell – The sale of stock with the hope of buying it back later at a lower price. Slippage – The difference in price from when an order is placed to when it is actually carried out. SOES – The Small Order Execution System. SOES Order Entry Firm – A firm from NASD that is registered as an Order Entry Firm for participation in the SOES. Spread – The difference between the Inside Bid and the Outside Ask. Stock Dividend – Corporate dividend payment in stock instead of cash. Stop Loss – A point at which a trader has decided to get out of a trade to prevent further loss. SuperDOT (Super Designated Order Turnaround) – A NYSE electronic system for placing stock orders directly to the specialist. Support – The point at which falling stock found buyers to prevent further decline. Surprise – The price difference between what a trader expects to earn and what they actually earn. Symbol (NASDAQ Stocks) – NASDAQ symbols of securities made up of four to five letters. Symbol (NYSE Stocks) – NYSE symbols of one, two or three letters representing securities. Technical Analysis – Chart patterned studies of price and volume that is unrelated to Fundamental analysis. Teenie – 0.125 of a point on the stock market. 92 www.clickevents.co.uk Trading Halt – An interim stop on the trading of a particular stock because of news that might affect either the price of stock, the flow of orders, or even regulatory rule violations. Two-Sided Market – The NASD and NASDAQ requirement that appropriate bids and offers are made on each security. Underwriter – An investment organization that brings a business to public trading. Uptick (NASDAQ) – A bid posted higher than the previous bid. Volatility – The amount of price fluctuation regarding a security. Volume – The number of shares that are either traded in a specific stock or in the stock market as a whole. . that is unrelated to Fundamental analysis. Teenie – 0.125 of a point on the stock market. 92 www.clickevents.co.uk Trading Halt – An interim stop on the trading of a particular stock because of news. placing stock orders directly to the specialist. Support – The point at which falling stock found buyers to prevent further decline. Surprise – The price difference between what a trader expects to. Bid and the Outside Ask. Stock Dividend – Corporate dividend payment in stock instead of cash. Stop Loss – A point at which a trader has decided to get out of a trade to prevent further loss. SuperDOT