Open

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Related to Open architecture: Open System Architecture

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 periodicals archive ?
New contract structures can provide for a higher return on investment when open architecture approaches are delivered and maintained across time.
In addition to providing better thermal ride-through in the event of a catastrophic failure, an open architecture allows greater flexibility to reconfigure as additional cooling capacity is needed.
From a user perspective, open architecture systems give many advantages.
"Open architecture in a defined contribution allows investment offerings to be separated from the administrative apparatus and related fees.
"Rackable Systems' iSCSI target appliances leverage our proven, open architecture approach and unique back-to-back mounting design--and tightly integrate Wasabi Systems' Storage Builder iSCSI software to deliver a scalable, high-performance solution."
The software also features a built-in search engine and open architecture. Its rapid delivery of information lets users upload their files to the Internet or an Intranet, as well as copy them to CD or distribute them via e-mail.
In the summer of 2002, the concept of open architecture was publicly unveiled.
Without an open architecture, any Storage Management Portal would find it impossible to adjust to new storage management products, not to mention the innovative technologies that are sure to appear.
IR Security & Safety's Electronic Access Control Division of Forestville, Connecticut, has introduced Schiage open architecture locks for seamless integration with third party access control systems.
WINstep could become the woodworking industry's new standard for open architecture, integrated communication between design and manufacturing software packages.
MIDI alleges that Radiology Associates violated the terms of their agreement, which explicitly forbids Radiology Associates from owning or operating an MRI, or magnet, that uses open architecture.

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