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| Last |
The price at which the last trade was executed. After market close, this is the closing price.
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| Level of cushion |
See Cushion
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| Leverage |
Possibility to purchase shares and other types of investment product in an amount higher than the invested capital.
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| Leverage effect |
A property of warrants which describes the fact that changes in a warrant's price (in percentage terms) will be larger than those observed for the underlying security. Leverage is also called Elasticity or Effective Gearing.
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| Life insurance |
Insurance policy valid for a limited period (term life) or throughout the insured's life (whole life) whereby an insurer undertakes to pay benefits either to the insured, if he or she is still alive when the policy terminates, or to one or more beneficiaries if the insured dies before the maturity date.
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| Limit Order |
A buy or sell order only at a price that you specify (the Limit) or better.
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| Liquidity |
A security is said to be liquid when investors can easily buy and sell the security, as a result of an abundance of buyers and sellers.
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| Listing sponsors |
The listing sponsor is a long-term financial partner that helps the company prepare for listing on Alternext and guides it throughout its life on the exchange. It assists the company in meeting its market transparency requirements and fulfilling its other obligations. The presence of the listing sponsor is intended to bolster investor confidence. More info
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| Low |
The lowest execution price of a trade that day, or on the last trading day.
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