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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
During the IAF congress, Chairman of Azercosmos open joint stock company Rashad Nabiyev spoke about Azerbaijan's role in space.
Collins and Temple reported on 54 open joint injuries of which 32 (64%) were open knee joint injuries.
The sharp burr on the pad edge disturbs the capillary gap between the pad and the lead, and will thereby cause an open joint.
The highway was reconstructed by Azeravtoyol Open Joint Stock Company.
President of the Republic of Azerbaijan Ilham Aliyev has attended a ceremony to launch drinking water supply and sewage systems in the city of Khacmaz and opening of a new administrative building of the Khacmaz branch of Azersu Open Joint Stock Company.