Open \ First price of the trading period
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 open to customer buyers/sellers, not that he/she wants to buy/sell but rather that he wants to find buyers/sellers (meaning that he/she is a seller/buyer). Antithesis of clean.
1. An un-executed order that is still valid.
Open / first price of the trading period
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 open to customer buyers/sellers, not that he/she wants to buy/sell but rather that he wants to find buyers/sellers (meaning that he/she is a seller/buyer). antithesis of clean.
1. an un-executed order that is still valid.