Cryptocurrency Q&A
What is the open in trading?
What is the open in trading?
Tommaso
Sun Nov 17 2024
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6 answers
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I'm trying to understand the concept of "open" in trading. Could someone explain what it means and how it's used in the context of the stock market or other trading platforms?
6 answers
HanjiArtistry
Tue Nov 19 2024
An order placed to purchase or sell securities is deemed open until it undergoes a change in status.
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Eleonora
Tue Nov 19 2024
This status remains in effect until the customer decides to cancel the order.
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Michele
Tue Nov 19 2024
The open signifies the commencement of trading activities on a securities exchange or a structured over-the-counter market.
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Rosalia
Tue Nov 19 2024
Alternatively, the order becomes inactive once it has been successfully executed.
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Valentina
Tue Nov 19 2024
Another scenario where an order ceases to be open is when it reaches its expiration date.
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