The All Share Index of the top 40 companies listed on the Johannesburg Securities Exchange (JSE).
Glossary Page
Please select an alphabet character below to filter all terms that begin with that letter.
Alsi 40
Abandon
If the put or call you own doesn't have value over and above the cost of commissions to resell it at expiration time, you simply let it expire or abandon it.: If the put or call you own doesn't have value over and above the cost of commissions to resell it at expiration time, you simply let it expire or abandon it.
American style
Type of option that can be exercised at any time during the life of the put or call.
At The Money
A term describing the striking price of an option, when it is at or very near to the price of the underlying share or future.
American Stock Exchange (AMEX)
Securities Exchange that handles approximately 20% of all securities trades within the US.
American-style option
An option contract that can be exercised at any time before the expiration date. Stock options are American style.
At the Opening Order
An order that specifies execution at the market opening or else it is cancelled.
Automatic Exercise
The automatic exercise of an ITM (In the Money) option by the clearing firm at expiration
