Round-trip trade


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Round-trip trade

The purchase and sale of a security within a short period of time.

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.
References in periodicals archive ?
He executed 279 round-trip trades over the Challenge period and realized exceptional gains from small cap wireless and technology stocks including World Wide Wireless, Kanakaris Communications and SI Diamond Technology.
NYSE:ILA) announced today that it responded on May 31 to the Federal Energy Regulatory Commission (FERC) data requests on power trading in the Western Systems Coordinating Council, and again confirms it has not conducted round-trip trades.
NYSE: ILA) today rebutted misstatements contained in an article and related information chart in today's New York Times on broadband trading, which incorrectly stated that Aquila engaged in round-trip trades while it operated its broadband trading desk from August 2000 to fourth quarter 2001.
We stated at the time of the interview and confirm now that we did not engage in broadband round-trip trades, yet the article and related chart indicate otherwise," said Ed Mills, president and chief operating officer of the Aquila Merchant Services subsidiary.