ESX & Ethiopian Markets
Terms specific to the Ethiopian Securities Exchange and local markets.
- Bonus ShareAn extra share issued free to existing shareholders, paid from reserves rather than from a fresh cash subscription.
- Capital Marketየካፒታል ገበያThe market where long-term funds are raised and traded through instruments such as shares and bonds.
- Limit OrderA limit order is an instruction to buy or sell a security only at a price you set, or at a better price.
- Order BookThe live list of buy and sell orders for a security on an exchange, ranked by price and time.
- Primary MarketThe market where new securities are sold for the first time and the issuer receives the money.
- Rights IssueAn offer of new shares to existing shareholders, usually at a discount, in proportion to shares they already own.
- Secondary MarketThe market where investors buy and sell existing securities among themselves after the original issue.
- Ticker SymbolA short code of letters used on an exchange to identify a listed company or security in trading systems and news.