Alpha and Pure Trading System Are the Two Electronic Communications

question 45

True/False

Alpha and Pure Trading System are the two electronic communications networks used by dealers in the trading floor of the TSX exchange.

---

Definitions:

Securitized Assets

Financial securities created by pooling various types of contractual debt such as mortgages, loans, and receivables, and selling their related cash flows to third-party investors.

Fully Diluted EPS

Earnings Per Share calculated assuming all convertible securities and warrants have been converted into common stock.

Convertible Bonds

Debt securities issued by a corporation that can be converted into a predetermined number of common stock shares at the holder's option.

Earnings Before Taxes

The income of a company before taking into account the tax expense, used to assess profitability.