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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Other aspects touched over the course of the panel discussion were innovations that have been achieved by using Open Source, the security concerns and the way ahead.
It is worth noting that, unlike proprietary software, open source software is almost always licensed without any warranty, in which case the licensee would bear the risk of any patent infringement action.
The experts also shared their valuable information and success stories where they have used multiple open source projects to build huge businesses just from scratch.
Probably the most compelling part of the open source movement is how the tech industry found more profit in combinations of open source and proprietary development than in proprietary development alone.
--Determine the factors militating against the use of open source software technology
* OSS Contributors Aren't Following Best Practices: 33 percent or respondents say their companies contribute to open source projects.
A recent research paper from IDC states that 85 percent of the surveyed enterprises globally consider open source to be the realistic or preferred solution for migrating to software-defined infrastructure (SDI).
Stimulate and accelerate the innovation cycle: Open source as an iterative process is a means to accelerate the technology development and the deployment cycle.
Software vendors are adopting more and more open source business models because they allow groups of companies to collaborate in solving information interoperability problems without the threat of an antitrust lawsuit.
Red Hat, Inc., the world's leading provider of open source software solutions, recently announced the finalists for the 2016 Women in Open Source Awards.
OPEN SOURCE SOFTWARE NOW PERMEATES ALL ASPECTS OF LIBRARY TECHNOLOGY, RANGING FROM BEHIND-THE-SCENES INFRASTRUCTURE TO FULL-FLEDGED APPLICATIONS.

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