Good - Till Triggered (GTT) orders are basically a price alert based order placement or trigger based orders. When a pre-set trigger (Entry Price) is breached, only then the order is placed with exchange to execute the order.
A limit order where the desired price to execute the trade is different from the prevailing market price of the security is called the away-from-the-market.
A type of market order that instructs the broker to execute the transaction in the capital markets at the best available price is called the at-the-market order.
Do not reduce means the investor’s price conviction is not affected by the security’s dividend payment. If an order is specified as do not reduce or DNR, the price order remains unaltered to a dividend payment.
A joint-stock company is a business organization jointly owned by the company’s stockholders. The ownership percentage of each shareholder depends on the number of shares they hold. In a public joint-stock company, the stocks are traded on the stock exchange.
Freed Up is the post-lock-up IPO period, which lasts anywhere between 90 to 180 days. During this time frame, the underwriters cease to take up selling of shares at the decided price.
Flotation is a process where a private company goes public by issuing new shares and acquiring finance from external sources, such as the general public or a group of investors.
The person who buys these stocks becomes the stockholder or a part-owner of the company. The stockholder has the rights in the company only till the extent of the stocks purchased. Such stockholder rights are also called controlling interest rights.