Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z ALL

SL.No.	Glossary
1	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.
2	Theoretical Value The fair value premium of an option based on recognised pricing methods.
3	Theta The rate of change of option premium for a given change in the number of days to expiry.
4	Tick Price/Size This is the minimum price movement for a futures contract.
5	Tick size The smallest permitted price movement in a particular contract.
6	Time Decay The process whereby the value of an option premium is eroded as expiry approaches.
7	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.
8	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.
9	Trade date The date on which a trade is executed for a specified value date
10	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.

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