round trip

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Round Trip

In futures and equities, to take a position and then later to close it. For example, an investor who buys a futures contract and then sells it and an investor who short sells a contract and then covers it are both round tripping. The practice is also called a round turn.

round trip

The purchase and sale of the same security. Some brokerage firms offer a discounted commission if a round trip is completed within a certain length of time. Also called round turn.
References in periodicals archive ?
Jacob was confident enough to steal a look round turning for home only to find McCoy in his slipstream and the pair battled it out until the run-in.
I lapped up the anecdotes of his caravan in Benidorm, the banjo bought for pounds 40 in Loot and the leccy bills which have him running round turning off the lights.
Mean with company money - he'd go round turning the lights out at GEC HQ - he was immensely generous with his own cash.