INDEX
Glossary
Definitions and display locations.
Twelve terms used on StockTicker24, with definitions, calculation and display rules, board locations, and links to twelve English detail pages and their sources.
12 terms
How to use this glossary
Start with the card label or column name you saw on the board. Each entry defines the term and states the exact display or calculation used by StockTicker24.
Price labels identify perpetual-futures reference values, not cash-market share prices or cash-index closing values. Missing data is omitted rather than estimated.
Each English detail page contains source names, dated examples, and board-specific notes.
CFD
A contract for difference settles the price difference without transferring the underlying financial instrument. Its trading hours, costs, margin terms, and counterparty depend on the provider and product.
StockTicker24 does not distribute CFD quotes. A card shows a perpetual-futures mid price when one is available and otherwise uses the mark price, so the displayed value is not a cash index or share price.
This distinction applies to index, commodity, foreign-exchange, and equity-reference cards. The large number on each card and the chart use the perpetual-futures reference value.
Source note on reference cards perpetual futures
A perpetual-futures contract is a derivative with no fixed expiry date. Unlike a dated futures contract, it does not reach a scheduled final settlement date.
StockTicker24 uses perpetual-futures prices as reference values, not as cash share prices or cash-index levels. The large card value uses the mid price when available and the mark price as its fallback.
A solid chart segment marks the cash market session, while a dashed segment marks a closed cash market. Funding-rate data appears in the Funding rate column of the Market cap tab. Lab is hidden during review.
Card price, chart and Funding rate column Price discovery
Price discovery is the formation of a traded price through orders and transactions. StockTicker24 separates a board-derived display from a reference-only display.
The site classifies open interest below USD 10,000 as Reference value (Reference (index) for an index) and open interest of at least USD 50,000 as price discovery. Between those thresholds, the previous classification remains in place.
The classification badge appears in the card header. Cross-calculated foreign-exchange cards are an exception and use the Price discovery display without this open-interest test.
Reference / Price discovery badge Price divergence
Price divergence is the difference between two values under a named comparison basis. The comparison basis must be read with the number because the site uses several distinct references.
The ranking and market-cap views compare a perpetual-futures reference with StockTicker24’s close basis. The highs and lows view compares with the recorded all-time high.
The site’s close basis is the oracle value at the cash close. If unavailable, it uses the 15-minute perpetual-futures candle ending at the close, or a candle ending up to one hour earlier if the close-time candle is missing. Board labels call this basis the cash close, but it is not an exchange-published closing price. Osaka Exchange’s June 13, 1996 explanation starts with the spot price, adds the spot price multiplied by interest to expiry, then subtracts dividends to expiry. The saved JP225 example compares mid and oracle values from the same response. Its 07:05 JST label gives acquisition time to the minute, not synchronized market-generation times.
Rankings, market cap and highs / lows Funding rate
The funding rate is the rate for periodic payments between long and short holders of a perpetual-futures contract. A positive sign means the long side pays the short side; a negative sign reverses that direction.
According to the Hyperliquid protocol documentation, funding is settled every hour and the formula is expressed on an eight-hour basis. StockTicker24 labels the displayed unit as percent per hour and does not present it as an exchange fee or a site fee.
The rate appears in the Funding rate column of the Market cap tab. Lab is hidden during review.
Funding rate column in Market cap Vs. close
Vs. close compares the current perpetual-futures reference value with StockTicker24’s close basis. The site first uses the oracle value at the cash-market close. If unavailable, it uses the 15-minute perpetual-futures candle ending at the close, or a candle ending up to one hour earlier if the close-time candle is missing.
The calculation is current value minus close basis, divided by the close basis, multiplied by 100. A value of 99.56 against a basis of 100.00 is displayed as −0.44%.
The signed percentage appears in the card-header badge after the market state. It also has a dedicated ranking face and a column in the market-cap view; it is separate from the rolling 24-hour day change.
Card badge, rankings and market cap Pre-IPO
Pre-IPO describes a company or share before a public listing. Information availability, liquidity, and price formation differ from those of an exchange-listed share.
A StockTicker24 card for an unlisted company carries an Unlisted badge and does not show a change from a cash close. Its value is a derivative-based reference and is not the company’s share price or a company-published valuation.
The New listings view records days since listing and 24-hour reference-price observations. In records the site saved on 42 days between August 9 and September 23, 2026, the Unitree contract kept the same contract code before and after its listing.
Unlisted badge and New listings VIX
VIX is an index of expected S&P 500 volatility derived from option bid and ask midpoints. The index represents annualized expected volatility in percent rather than a share or index price level.
Its methodology targets a 30-day horizon using option expiries on both sides of that horizon. For scale, 20 × the square root of 30 divided by 365 is approximately 5.73% for a 30-day period.
StockTicker24 does not have a VIX price card. The glossary links to the S&P 500 and U.S. Tech 100 symbol pages as related references.
Related S&P 500 / U.S. Tech 100 links; no VIX card Mark price
The mark price is an exchange reference price used for valuation, margin calculations, liquidation, order triggers, and unrealized profit or loss. It is not simply the latest traded price.
According to the contract issuer’s Mark Price specification (retrieved Oct 11, 2026), the mark price is the median of three values: the oracle price, an adjusted oracle value, and the median of the best bid, best ask, and latest trade. The latest trade alone is not one of the three outer components. In the example with 100.00, 100.06, and 99.98, the median is 100.00; the maximum and minimum are not selected.
StockTicker24 shows the mid price when available and falls back to the mark price when the mid price is missing. The fallback applies to the large card price and symbol-page reference value.
Fallback reference value on cards and symbol pages Mid price
The mid price is the midpoint between the best bid and best ask. It is calculated from quotations and does not establish that a trade occurred at that number.
Some markets round a mathematical midpoint to a permitted tick. Osaka Exchange rounds it to the nearest permitted price and takes the higher one when two are equally near. With a best bid of 1,300 and a best ask of 1,300.25, the midpoint 1,300.125 becomes 1,300.25.
StockTicker24 uses the mid price first for the large card value and the symbol-page reference value. When it is unavailable, the site falls back to the mark price; the underlying bid-ask width is not displayed.
First-choice reference value on cards and symbol pages After-hours trading
After-hours trading means trading outside a market’s regular session. The available session, order conditions, and venue differ by market. JPX describes ToSTNeT as a market separate from the regular auction market. Single-stock trading runs from 08:20 to 18:00 Japan time, except that second-day-settlement trades end at 12:30. Same-day closing-price trading runs from 15:30 to 16:30 (JPX ToSTNeT overview, retrieved Oct 11, 2026). The NYSE core session is 09:30–16:00 Eastern Time (NYSE Trading Hours, retrieved Oct 11, 2026). That is 22:30–05:00 the next day in Japan during U.S. daylight saving time, or 23:30–06:00 during standard time.
On StockTicker24, Cash market open, After hours, Cash market closed, Weekend, and Cash hours unverified describe the state of the related cash market. A dashed chart segment marks a closed cash-market interval.
A value moving during that dashed interval is a perpetual-futures reference value. It is not a quotation from a U.S. pre-market or after-hours share-trading venue.
Market-state badge and solid / dashed chart Futures
A futures contract has a specified contract month and a scheduled final settlement process. This distinguishes it from perpetual futures, which have no fixed expiry date.
According to the Osaka Exchange product outline, the September 2026 Nikkei 225 futures contract had its last trading day on September 10, and the final settlement value was calculated on September 11.
StockTicker24 does not show separate cards for dated contract months. Its index cards show perpetual-futures reference values, and the related glossary link opens the detailed English explanation.
Comparison with index perpetual-futures references
Read next: perpetual futures