Trading Day

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Trading Day

A day on which an exchange is open for the buying and selling of securities. The trading days for most exchanges are Monday through Friday. However, some exchanges, notably in Muslim-majority countries, have different trading days.
References in periodicals archive ?
As of December 31, 2013, the sale price of Synaptics' common stock exceeded the conversion trigger price per share as set forth in the indenture for at least 20 trading days in a period of 30 consecutive trading days ending on the last trading day of such calendar quarter.
01 (1) Conversion Based on Satisfaction of Stock Price Condition of the Indenture, which provides that the notes are convertible if the Closing Sale Price of the Common Stock for at least 20 Trading Days during the period of 30 consecutive Trading Days ending on the last Trading Day of the fiscal quarter ended June 30, 2012 was greater than or equal to 130% of the applicable Conversion Price in effect on such last Trading Day.
The notes have become convertible because the sale price of AMR's common stock for at least 20 trading days in a period of 30 consecutive trading days ending on the last trading day of the calendar quarter ended 31 December 2006 was greater than 120% of the conversion price per share of AMR common stock on that last trading day.
As provided in the indenture under which the Notes were issued, the Notes have become convertible because the sale price of AMR's common stock for at least 20 trading days in a period of 30 consecutive trading days ending on the last trading day of the calendar quarter ended Dec.
Under the indenture governing the notes, a holder may convert any of its notes into BEI common stock during any fiscal quarter if the sale price of the common stock for at least 20 consecutive trading days in the 30 trading days ending on the last trading day of the immediately preceding fiscal quarter exceeds 120 percent of the conversion price on that 30th trading day.
Tracking share prices on the day of company declarations, and during the 150 trading days before and 150 trading days after, share performance remained the same, on average, as the 900 companies comprising S & P's 500 and Mid-Cap 400 indexes.
In April, exchange officials notified Incomnet that it was not in compliance with listing requirements because its stock had traded below $1 for 30 consecutive trading days and that its net tangible assets were below the minimum requirements.
375% Notes became convertible because the closing sale price of Hilton's common stock for at least 20 consecutive trading days during the 30 consecutive trading day period ending on the last trading day of the calendar quarter ended December 31, 2006 was greater than 120% of the conversion price in effect on such last trading day.
25, taking 3,693 trading days since its first close above 1,000.
32 per share for twenty trading days within the thirty trading day period ending on December 29, 2006.
The ATP is determined by the average of the last reported Exide Electronics common stock sales price during the 15 consecutive trading days preceding the later of (i) the 2nd trading day before the IPM shareholder meeting called for the purpose of voting on the merger; or (ii) the third trading day before the closing date.
The final exchange ratio of Fifth Third Bancorp stock will be based on the average of the per share closing prices as reported on the Nasdaq National Market System for the 20 trading days ending on the fifth trading day prior to the time the merger becomes effective.