TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PRE-SPLIT POSITION [1 record]

Record 1 1991-11-13

English

Subject field(s)
  • Stock Exchange
  • Investment
CONT

The exchanges require members to margin client positions for each uncovered option at the greater of: $2.50 per underlying share (normally $250 per contract) with exceptions for pre-split positions or 30% of the market value of the underlying securities.

French

Domaine(s)
  • Bourse
  • Investissements et placements
CONT

Les bourse exigent des membres qu'ils couvrent les positions des clients pour chaque option découverte, d'une marge égale au plus grand des montants suivants : 2,50$ par action sous option (habituellement 250$ par contrat) sauf pour les positions avant fractionnement ou 30% de la valeur au cours du marché des actions sous option.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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