| Face Value |
The amount of money the issuing company or government promises to pay for a bond at maturity. |
| Fill-and-Kill |
An order that requires execution of a possible quantity at the price limited in the order, and cancellation of the remaining un-executed quantity. |
| Fill-or-Kill |
An order that requires execution of the entire quantity immediately. If this order cannot be executed, it is cancelled. |
| Final Settlement |
The completion of a transaction when delivery of all components to a trade have been accomplished. |
| Financial Instrument |
A mechanism for investment in the financial markets. There are two major types of financial instruments: a debt instrument, which is a loan guaranteed to pay back principal with interest, and an equity security, which represents part ownership in a company. |
| Financial Services Companies |
The companies licensed by the JSC to perform the activities of investment trusteeship, investment management, financial consultations, brokerage or custodial activities. |
| Financial Statement |
A report of basic accounting data that helps investors understand a firm's financial history and activities. |
| First Market |
Part of the Secondary Market where trading takes place subject to special listing rules. |
| Fiscal Year |
Any continuous 12-month period that a company or government uses as its annual accounting period. |
| Fixed Income Security |
A security that pays a specific rate of interest. Bonds are fixed-interest securities. |
| Fixing Group |
A group of securities traded at a limited price during the trading session, representing the last IEP upon opening. |
| Flotation |
When a company's shares are admitted to trading on the ASE. |
| Forecasting |
Making projections about future performance on the basis of historical and current conditions data. |
| Force Majeure |
Events outside the control of the parties. These events are acts of man, nature, governments and regulators, or impersonal events. Contract performance is forgiven or extended by the period of force majeure. |
| Foreign Exchange Market |
An over-the-counter market where buyers and sellers conduct foreign exchange business by telephone and other electronic means of communication. |
| Free Right of Exchange |
An investor's right to transfer securities from one name to another name without paying charges that accompany a sales transaction. |
| Free Stock |
Securities that are not subject to any ownership restrictions, such as lien, pledge or freezing. |
| Freezing |
The prevention of any disposal of securities, by any means whatsoever, by virtue of the request of the securities’ owner. |
| Futures Contract |
An agreement to buy or sell a specific security at a particular price on a stipulated future date. |
| Futures Exchange |
A market exchange, physical or electronic, where buyers and sellers meet to trade futures and options on futures contracts. |
