The security on which options are being bought or sold.
The physical security upon which a synthetic security is based. For example, CBA stock is the underlying security to CBA options.
The security upon which a derivative (option, index, futures contract) or other security is based. Eg, an ASA option is based upon the price of ASA stock. The S&P 500 futures index is based upon the S&P 500 stock index.
The security subject to purchase or sale upon exercise of an option contract. For example, IBM stock is the underlying security to IBM options. nderwriter (Investment Banker) - In a municipal underwriting, a brokerage firm or bank that acts as a conduit by taking the new issue from the municipality and reselling it. In a corporate offering, the underwriter must be a brokerage firm.
the stock, bond, index, or other financial instrument upon which a derivative such as an option is based. It is the underlying security that is subject to being bought or sold upon exercise of the option.
The security that must be delivered in the event that a put or call option contract is exercised.
a security that must be delivered if a put option or call option contract is exercised
The actual or physical security upon which a derivative security is based.
For options, the security that is subject to purchase or sold upon exercise of an option contract.
The share subject to the purchase on the exercise of an option.
The shares, stock or commodity upon which a synthetic security is based
The security which one has the right to buy or sell via the terms of a listed option contract.
The security that one has the right to buy or sell according to the terms of an option contract.
In options, a stock subject to purchase upon exercise of the option.
The security upon which an options contact is based and must be delivered if the contract is exercised.
The security that must be delivered when another security is exercised. For example, if a call option is exercised, then the underlying stock is delivered to the call owner. Warrants, rights, options, and convertible securities all have underlying securities. For futures options, futures are the underlying security.
The instrument upon which traded options are listed.
The security that can be bought or sold upon exercising an options contract.
The shares of stock (or other security) subject to the exercise of an option.
For options, the security subject to being purchased or sold upon exercise of an option contract. For example, IBM stock is the underlying security to IBM options. For Depository receipts, the class, series and number of the foreign shares represented by the depository receipt.