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 classic literature ?
But after three hours the Marionette's eyes were still open, his mouth still shut and his legs kicked harder than ever.
He opened his window, and gazed long, with swelling heart, at the cloudless vault of heaven, and the moon, which shone like silver upon the two-fold stream flowing from far beyond the hills.
We heard you open the gate and got up and looked out.
They hurried on, and we followed them; until suddenly they set up a strange halloo, which was answered from beyond the grove through which we were passing, and the next moment we entered upon some open ground, at the extremity of which we descried a long, low hut, and in front of it were several young girls.
"Besides, Captain," I added, enthusiastically, "why should we not find the sea open at the South Pole as well as at the North?
With a bound he crossed the room and attempted to open it; but to no avail.
The Russian had already drawn a pocketknife from his trousers, and was weakly attempting to open it.
She went on to the door of the next room, which Julius had left partly open. Fatigue had overpowered him; she heard, within, the quiet breathing of a man in a sound sleep.
"He didn't open it at all!" Daddy Jacques again exclaimed.
Open the door, beautiful Mrs Flintwinch, and in the meantime let me to pass upstairs, to present my compliments-- homage of Blandois--to my lady!
A man standing at an open cottage door greeted me by name as I passed.
"The town is in open revolt, and just now, as I was crossing the Rue Montorgueil with Monsieur du Vallon, who is here, and is your humble servant, they wanted in spite of my uniform, or perhaps because of my uniform, to make us cry `Long live Broussel!' and must I tell you, my lord what they wished us to cry as well?"