Open order


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Related to Open order: Day order

Open order (good-till-cancelled, GTC order)

Order to buy or sell a security that stays active until it is completed or the investor cancels it.

Good 'Til Cancelled Order

An order to a broker to buy or sell a security at a certain price whenever that price becomes available. Theoretically, such an order is standing indefinitely until either the security is bought or sold at the specified price or the investor cancels the order. In practice, GTCs generally expire 30-60 days after they are made if they have not been filled, unless the investor reiterates them. A GTC is also known as an open order.

open order

Open order.

An order that remains on the books until it is either executed or canceled is known as an open order, or a good til canceled order (GTC).

References in periodicals archive ?
WTA Toray Pan Pacific Open order of play - Centre Court (from 5am): Two singles matches, then M Minella v K Date-Krumm, 11am: T Tanasugarn v M Sharapova, B Zahlavova Strycova v J Jankovic; Court One (from 4.
As of March 31, 2004, our open order book, for delivery during the remainder of our fiscal year, stood at approximately $1,200,000.
As of December 31, 2003, our open order book, for delivery during the remainder of our fiscal year, stood at approximately $1,800,000.
Quoizel will run the Stratum forecasting and performance management analytic applications on top of a data repository consisting of sales, open order, inventory and other operational information extracted from the company's Baan (SSA Global) transaction system.
Simplot will run the Stratum Sales Performance Management and Inventory Performance Management applications on top of a data repository consisting of sales, open order, inventory and other operational information extracted from the company's J.
As of September 30, 2003, our open order book, for delivery during our current fiscal year, stood in excess of $900,000.
Price will include all open orders with a minimum of $75K.
Once positive patient ID is performed, the phlebotomist then reviews open orders, container and test information, and draws the specimen(s) accordingly.
The upgrade allows value- based freight as well as weight-based freight, mixed inventory models for consigned and non-consigned inventory and changes to payment and shipping terms for open orders.
Operators pick from one active carousel while the others are pre-positioning to be picked the moment the operator is ready, increasing the number of open orders that can be handled.
Contract notice: Open orders and geotechnical studies market.
Investors can easily manage their portfolios by having the TradeKing site continually monitor the market and certain open orders based on their instructions.