round turn

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Round Trip

In futures and equities, to take a position and then later to close it. For example, 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 tripping. The practice is also called a round turn.

round turn

In futures trading, a completed trade involving the purchase and subsequent sale of a position, or the sale and subsequent covering purchase.
References in periodicals archive ?
The round turns into a grappling contest with Tyson, giving a menacing glare at the end as his right eye clearly begins to close.
He was kept company to the first bend by eye-catching ex-Irish newcomer Judicial Ace, but was much the smoother of the pair round turns one to two and drew clear from that point, ultimately powering home seven and a half lengths to the good of that rival in 27.
Broke fast and had a tidy advantage going into the first bend, but all of a sudden was lengths clear after absolutely gliding round turns one to two.