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Round Turn
(redirected from Turn (knot))

    Also found in: Wikipedia 0.03 sec.
round turn
In futures trading, a completed trade involving the purchase and subsequent sale of a position, or the sale and subsequent covering purchase.
Round Turn
In futures, to take a position and then later to close it. That is, an investor who buys a futures contract and then sells it and an investor who short sells a contract and then covers it are both round turning.


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