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 Glossary   >   O   >   "Open" Definition   

        Open

First price of the trading period

Used in the context of general equities. Having either buy or sell interest at the indicated price level and side of a preceding trade. Open on the buy/sell side, means open to customer buyers/sellers, not that he/she wants to buy/sell but rather that he wants to find buyers/sellers (meaning that he/she is a seller/buyer). Antithesis of clean.

1. An un-executed order that is still valid.

Open


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Open \ First price of the trading period

Used in the context of general equities. Having either buy or sell interest at the indicated price level and side of a preceding trade. Open on the buy/sell side, means open to customer buyers/sellers, not that he/she wants to buy/sell but rather that he wants to find buyers/sellers (meaning that he/she is a seller/buyer). Antithesis of clean.

1. An un-executed order that is still valid.


Open / first price of the trading period

used in the context of general equities. having either buy or sell interest at the indicated price level and side of a preceding trade. open on the buy/sell side, means open to customer buyers/sellers, not that he/she wants to buy/sell but rather that he wants to find buyers/sellers (meaning that he/she is a seller/buyer). antithesis of clean.

1. an un-executed order that is still valid.