Open


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Open

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 looking for buyers/sellers (for someone who is a seller/buyer). Antithesis of clean.

Open

1. The time trading begins on an exchange. This is important to matters like a security's opening price or opening bid. See also: Close.

2. An order to buy or sell a security that has not yet been filled. Some orders are only open for a certain amount of time, while some remain open until they are filled. See also: IOC, GTC.
References in classic literature ?
They hurried on, and we followed them; until suddenly they set up a strange halloo, which was answered from beyond the grove through which we were passing, and the next moment we entered upon some open ground, at the extremity of which we descried a long, low hut, and in front of it were several young girls.
In a moment the slight tenement was completely full of people, whilst those who were unable to obtain admittance gazed at us through its open cane-work.
Besides, Captain," I added, enthusiastically, "why should we not find the sea open at the South Pole as well as at the North?
I had taken my place with Conseil in the saloon; through the open window we could see the lower beds of the Southern Ocean.
With a bound he crossed the room and attempted to open it; but to no avail.
He slowly revolved in his mind the incidents of the evening--the open, unguarded gate; the lighted doorway--the only one he had seen thus open and lighted along the avenue he had followed; the advance of the warriors at precisely the moment that he could find no other avenue of escape or concealment; the corridors and chambers that led past many locked doors to this underground prison leaving no other path for him to pursue.
The Russian had already drawn a pocketknife from his trousers, and was weakly attempting to open it.
She went on to the door of the next room, which Julius had left partly open.
The reporter rushed into the open air, agitated by the thought that the great and famous Fred might anticipate him in the solution of the problem of The Yellow Room.
Open the door, beautiful Mrs Flintwinch, and in the meantime let me to pass upstairs, to present my compliments-- homage of Blandois--to my lady
A man standing at an open cottage door greeted me by name as I passed.
The town is in open revolt, and just now, as I was crossing the Rue Montorgueil with Monsieur du Vallon, who is here, and is your humble servant, they wanted in spite of my uniform, or perhaps because of my uniform, to make us cry `Long live Broussel