Canadian Securities Course - Chapter 1 Questions With Complete Solutions.

Alternative trading systems - Privately owned computerized networks that match orders for securities outside of recognized exchange facilities. Also referred to as Proprietary Electonic Trading Systems Auction Market - Market in which securities are bought and sold by brokers acting as agents for their, clients, in contrast to a dealer market where trades are conducted over-the-counter. Canadian Securities exchange - Launched in 2003 as an alernative marketplace for trading equity securties and emerging companies. Canadian Unlisted Board Inc - An internet web-based system for investment dealers to report completed trades in unlisted and unquoted equity securities in Ontario CanDeal - Provides institutional investors with electronic access to federal bond bids and offer prices and yields from its six bank-owned dealers. CanPX - A joint venture of several IIROC member firms and operates as an electronic trading system for fixed income securities providing investors with real-time bid and offer prices and hourly trade data Capital - Has two distinct but related meanings. To an economist, it means machinery, factories and inventory required to produce other products. To an investor, it may mean the total financial assets invested in securities, a home and other fixed assets, plus cash. CBID - An electronic trading system for fixed-income securities operating in both retail and institutional markets. Common Shares - Securities representing ownership in a company. They carry voting priveledges and are entitled to the receipt of dividends, if declared.Dealer Markets - A market in which securities are bought and sold over-the-counter in which dealers act as principals when buying and selling securities for clients. Also referred to as the unlisted market. Debt - Money borrowed from lenders for a variety of purposes. The borrower typically pays interest for the use of the money and is obligated to repay it at a set date