Glossary

G

• Gamma The rate of change of an option's delta relative to a given change in the underlying.
• GDP  Gross Domestic Product
• GDR GDR is the abbreviation of Global Depositary Receipt .A bank certificate issued in more than one country for shares in a foreign company.
• Gilt fund This refers to the funds that invest mainly in government securities and treasury bills. The objective here is the safety of principal and adequate liquidity.  
• Gilt-edged Security These are the securities issued by the Government usually at a low interest rate. These are considered as the safest investments, as the government security is free from default risk.  
• GNP  Gross National Product
• Going Private Making a public company private through the repurchase of stock by current management &/ or outside private investor.
• Going public Offering public to invest in the company & for this the share need to be listed & this procedure is called performing an initial public offering. 
• Good Till Cancelled This order remains in the system until the user cancels it. It will therefore be able to valid for various trading sessions if it does not get matched. However, the Exchange may set an upper limit to the number of working days for which an order can stay in the trading system. At the end of this period, the orders are cancelled automatically from the system.
• Good Till Day This order allows the user to specify the number of days up to which the order should stay in the trading system. At the end of this period, the order gets cancelled automatically from the system if it is not traded or is not cancelled by the investor.