Open


Open
1. An unexecuted order that is still valid. An open order is one that has been placed either electronically or with a broker and has not been filled due to illiquidity or the terms of the position not being fulfilled

2. The start of trading on a securities exchange. The open on a trading exchange signals the start of an official day for the exchange, and that buy and sell transactions can commence for the business day.

1. Orders that are entered by investors but not transacted are deemed to be open until they expire or are filled. Different orders, such as limit or stop order can influence if or when an order is filled.

2. Different exchanges will have different opening times. For instance, the New York Stock Exchange (NYSE) and the Nasdaq open at 9.30 am EST, whereas the American Stock Exchange (AMEX) opens at 9 am EST for options on debt securities.


Investment dictionary. . 2012.

Synonyms:

Look at other dictionaries:

  • open — open …   Dictionnaire des rimes

  • open — open …   The Old English to English

  • open — open …   English to the Old English

  • Open — O pen, a. [AS. open; akin to D. open, OS. opan, G. offan, Icel. opinn, Sw. [ o]ppen, Dan. aaben, and perh. to E. up. Cf. {Up}, and {Ope}.] 1. Free of access; not shut up; not closed; affording unobstructed ingress or egress; not impeding or… …   The Collaborative International Dictionary of English

  • OPEN — Period (OPEN) The period that defines when the trading service is opened. London Stock Exchange Glossary * * * ▪ I. open open 1 [ˈəʊpən ǁ ˈoʊ ] adjective [not before a noun] 1. COMMERCE if a shop, bank, restaurant etc is open, it is allowing… …   Financial and business terms

  • open — [ ɔpɛn ] adj. inv. • 1929; mot angl. « ouvert » ♦ Anglic. 1 ♦ Sport Se dit d une compétition ouverte aux professionnels et aux amateurs. Tournoi open. N. m. Un open de tennis. 2 ♦ Billet open : billet d avion non daté à l achat et utilisable à la …   Encyclopédie Universelle

  • open — [ō′pən] adj. [ME < OE, akin to Ger offen < PGmc * upana: for IE base see UP1] 1. a) in a state which permits access, entrance, or exit; not closed, covered, clogged, or shut [open doors] b) closed, but unlocked [the car is open] 2 …   English World dictionary

  • Open — may refer to: Contents 1 Philosophy 2 Mathematics 3 Music and media …   Wikipedia

  • Open AT OS — is an operating system provided by Wavecom together with its CPUs.It basically provides what some other operating systems do, with the particularity to natively provide GSM related functions such as GSM voice calls or data transfer related APIs…… …   Wikipedia

  • open — 1 adj 1: exposed to general view or knowledge: free from concealment an open, notorious, continuous, and adverse use of the property an open and obvious danger ◇ When a defect, hazard, or condition is open such that a reasonable person under the… …   Law dictionary

  • open — ► ADJECTIVE 1) allowing access, passage, or view; not closed, fastened, or restricted. 2) exposed to view or attack; not covered or protected. 3) (open to) vulnerable or subject to. 4) spread out, expanded, or unfolded. 5) officially admitting… …   English terms dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.