round turn


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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 turn

In futures trading, a completed trade involving the purchase and subsequent sale of a position, or the sale and subsequent covering purchase.
References in periodicals archive ?
Your good round turns sour and how do you face the world, especially those pestilential inquisitionists from the Press?
Calvin Borel after his shock win in the Kentucky Derby on Saturday Mine That Bird is tailed-off as the runners round turn one but (below) was in charge where it mattered
They battle hard round turns one and two before Vettel finally passes in turn four.
The Mood Food round turns out Please All Pizza and spicy chicken kebabs.
Even more so if that second round turns out to be the final one, with the Government dishing out all the remaining money in one go to create a bonanza for smaller firms coming in under the previous pounds 1m limit.
For as leader Havelock took a tight line round turns one and two, the chasing Zetterstrom tried to dive inside.
However, Spencers Lad was much more economical going round turns one and two and emerged into the back straight with an advantage he was never to lose even though Zodiac Zeus gave valiant pursuit.
Despite being squeezed for room round turns three and four, he managed to move into the coveted third position past weakening duo Jogadusc Ace and Shelboune Denny off the last.