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Bank of America Merrill Lynch
Industry: Financial services
Number of terms: 10107
Number of blossaries: 0
Company Profile:
The first day of trading when the seller, rather than the buyer, of a stock will be entitled to the most recently announced dividend payment. This date set by the NYSE (and generally followed on other U.S. exchanges) is currently two business days before the record date. A stock that has gone ex-dividend is marked with an x in newspaper listings on that date.
Industry:Financial services
The completion of a trade. Buying or selling shares is said to have executed an order.
Industry:Financial services
The date upon which your stock options become available to you for exercise.
Industry:Financial services
The potential income of all your stock options available for exercise based on the closing price from the previous business day.
Industry:Financial services
The number of stock options available to you for exercise.
Industry:Financial services
For participants in employee stock option plans: Using your stock option to buy shares of company stock at a set price. Several types of exercise methods are available. For clients with futures and options: An option must be exercised if the option holder wants to buy (in the case of a call) or sell (in the case of a put) the underlying security at the exercise price or, in the case of a cash-settled option, to receive the cash settlement amount. In order to exercise most options, option holders must give their broker exercise instructions meeting the firm's procedures prior to the firm's exercise cut-off time. Option sellers must be aware of this exercise risk when the option they sold goes deep into the money, and option sellers must make sure they have the capital available to cover any such potential exercise.
Industry:Financial services
For participants in employee stock option plans: The total amount paid to your company to complete a stock option exercise. The Exercise Cost is calculated by multiplying the option price times the number of options being exercised, and adding applicable taxes and transaction fees.
Industry:Financial services
For participants in employee stock option plans: The length of time you have to exercise your stock option subject to the terms of your company's plan.
Industry:Financial services
See Strike Price. For participants in employee stock option plans: The Fair Market Value of your employee stock options, as determined by your plan, at the time of exercise.
Industry:Financial services
Income from investments plus the change (+/-) in estimated accrued interest from one month to the next.
Industry:Financial services