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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

round turn

In futures trading, a completed trade involving the purchase and subsequent sale of a position, or the sale and subsequent covering purchase.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The youngster from Kenilworth, in his first season as a card-carrying tournament golfer, had a very good round turn sour on him in the British Masters at the Forest of Arden yesterday and it was with some trepidation that we sought an explanation.
For as leader Havelock took a tight line round turns one and two, the chasing Zetterstrom tried to dive inside.
The round turns into a grappling contest with Tyson, giving a menacing glare at the end as his right eye clearly begins to close.