Open depending on the floor

Open depending on the floor

Used for listed equity securities. Having room for a customer buyer or seller contingent on the results of a trade being executed on the floor (i.e., satisfying the specialist book and the orders the trader opened up). See: Open on the print, subject.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Open on the Print

A situation where a block trader has bought or sold short a large block of securities and had this trade printed on the ticker tape. When a trade is open on the print, the block trader officially has taken a long or short position, which opens him/her up to orders from other investors to close the position.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved