One-cancels-the-other
Linked orders where execution of one automatically cancels the other.
Plain-English definitions for trading, broker safety, market structure, and risk terms.
One-cancels-the-other
Linked orders where execution of one automatically cancels the other.
Price at which a seller offers to sell; another name for ask price.
Open-high-low-close
Data format showing open, high, low and close prices for a period.
Outstanding contracts
Number of derivative contracts open and not yet closed or settled.
Active trade
Trade entered but not yet closed.
Opening price
First traded or quoted price for a period or trading session.
Options contract
Derivative giving the right, not obligation, to buy or sell an underlying asset.
Price paid by the option buyer and received by the option seller.
List of buy and sell orders available at different price levels.
Process of directing an order to a venue, exchange or liquidity provider.