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 periodicals archive ?
Reflecting its new name as a truly global organization, the San Jose, CA-based LONMARK International--formerly known k as the LONMARK Interoperability Association--is recognized worldwide as a leading developer and proponent of open systems for use in building, industrial, transportation, and residential/utility automation.
Another factor fueling the open systems movement is the fear that large monopolistic organizations will control user options and drain companies of their working capital through huge licensing and upgrade fees.
"Open systems eliminate the need for unique solutions to common problems.
To apply the guidelines, we assume the existence of an initial model for the intended open system. Identification of the entities in such an initial model is another issue beyond the scope of this article, but methodologies like Objectory's Use Cases [3] provide excellent support in this area.
Open systems are dynamic and, as such, incorporate feedback mechanisms.
Thus, the modification of the open system encompasses Hegelian dialectics as intellectual tools to be used in encompassing the four elements in library management courses for the future.
Building on their philosophy of open systems, Insight currently offers advanced single-source beverage systems, which include software, hardware, installation, classroom and on-site training, service and support.
Finally, an open system must use an open communications protocol.
Not only can material be lost when it is moved, but an open system carries the risk of contamination.
"We wanted a truly open system," explains Richards.
Tenders are invited for modernize the county~s legacy property tax system by re-platforming its property tax system from an ibm mainframe platform to an open system platform.
With its 2.0 release, Pathlight VX becomes the first open system backup product to combine the capacity and characteristics of disk and tape in a single, unified system, using advanced policy-based data management technology to provide total system capacities of nearly 3,000 terabytes.

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