Open contracts

Open contracts

Contracts that have been bought or sold without completion of the transaction by subsequent sale or purchase, or by making or taking actual delivery of the financial instrument or physical commodity.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Open Contracts

Futures, forwards, and other contracts that have not expired. This means that the underlying asset has not changed hands, and the holder of the contract may sell it on the open market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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