• SENSEX 78,017.19
    32.81 (+0.04%)
  • BANKNIFTY 51,607.95
    -97.00 (--0.19%)

Glossary

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

T
  • Tax saving fund Investment in these funds allow the investors to claim a rebate under the Income tax Act. Generally these funds carry a lock-in period with them in order to claim such rebate.  
  • Theoretical Value The fair value premium of an option based on recognised pricing methods.
  • Theta The rate of change of option premium for a given change in the number of days to expiry.
  • Tick Price/Size This is the minimum price movement for a futures contract.
  • Tick size The smallest permitted price movement in a particular contract.
  • Time Decay The process whereby the value of an option premium is eroded as expiry approaches.
  • Time value The amount, if any, by which an option's premium exceeds its intrinsic value. If an option is not in the money, its premium consists entirely of time value.
  • Trade As soon as a buy order matches with a sell order following the price-time priority logic, a trade takes place. The system automatically generates a unique trade number for each trade. Trading for delivery Trading conducted with an intention to take or make delivery of the shares as opposed to taking up a position and squaring off within the settlement.As soon as a buy order matches with a sell order following the price-time priority logic, a trade takes place. The system automatically generates a unique trade number for each trade. Trading for delivery Trading conducted with an intention to take or make delivery of the shares as opposed to taking up a position and squaring off within the settlement.As soon as a buy order matches with a sell order following the price-time priority logic, a trade takes place. The system automatically generates a unique trade number for each trade. Trading for delivery Trading conducted with an intention to take or make delivery of the shares as opposed to taking up a position and squaring off within the settlement.As soon as a buy order matches with a sell order following the price-time priority logic, a trade takes place. The system automatically generates a unique trade number for each trade. Trading for delivery Trading conducted with an intention to take or make delivery of the shares as opposed to taking up a position and squaring off within the settlement.
  • Trade date The date on which a trade is executed for a specified value date 
  • Trading Members There are the persons authorized to place orders in the Capital Market System and is a member of stock exchange like BSE/NSE. They are also termed as broker or brokerage house.