There are certain terms which are commonly used in the share market that every traders in the market should be aware of. The stock market has a set of unique phrases and jargon and if you wish to be a investor in the market, it is very necessary that you are comfortable with these different terms.
To understand the stock market and it’s functions, you need to have a basic knowledge of this jargons. So, we are here with some important terms which are mention below.
- GTC – Good Till Cancelled
- STT – Securities Transaction Tax
- MCX – Multi Commodity Exchange
- BSE – Bombay Stock Exchange
- NSE – National Stock Exchange
- NCDEX – National Commodity & Derivatives Exchange Of India
- IPO – Initial Public Offer
- QIP – Qualified Institutional Placement
- FPO – Follow On Public Offering
- FII – Foreign Institutional Investors
- DII – Domestic Institutional Investors
- FDI – Foreign Direct Investment
- IIP – Index Of Industrial Production
- OFS – Offer For Sell
- F&O – Future & Option
- IUC – Interconnection Usage Charges
- BTST – Buy Today Sell Tomorrow
- QIB – Qualified Institutional Buyers
- VWAP – Volume Weighted Average Price
- SEBI – Securities & Exchange Board Of India
- M2M – Mark To Market
- SL – Stop Loss
- CMP – Current Market Price
- CE – Call European
- PE – Put European
- MF – Mutual Fund
- AMC – Asset Management Company
- OTC – Over The Counter / Off Exchange
- OTCEI – Over The Counter Exchange Of India
- HNI – High Networth Individuals
- GDR – Global Depository Receipt
- ADR – American Depository Receipt
- FCCB – Foreign Currency Convertible Bond
- ECB – External Commercial Borrowing
- NSCCL – National Securities Clearing Corporation Limited
- ICL – Indian Clearing Corporation
- MCCIL- Metropolitan Clearing Corporation Of India LImited
- BOISL – Bank Of India Shareholding Limited
- NSDL – National Securities Depository Limited
- CDSL – Central Depository Services Limited
- SCRA – Securities Contracts Regulation Act
- DEA – Department Of Economic Affairs
- ECN – Electronic Contract Note
- KYC – Know Your Client
- KRA – Know Your Client Registration Agency
- UCC – Unique Client Code
- UID – Unique Identification Number
- DMA – Direct Market Access
- IFSC – Indian Financial System Code
- CSD – Central Securities Depository
- SPAN – Standard Portfolio Analysis
- VaR – Value At Risk
- SI – Standing Instructions
- SPN -Secured Premium Notes
- IPF – Investor Protection Fund
- IGRC – Investor Grievance Redress Committee
- ISC – Investor Services Cell
- AMFI – Association Of Mutual Fund In India
- ARN – Advisor Registration Number
- ASBA – Application Supported By Blocked Account
- PMS – Portfolio Management Services
- NAV – Net Asset Value
- GTD – Good Till Day
