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Open

What does it mean?
1. An un-executed order that is still valid.

2. The start of trading on a securities exchange.

In Other Words...
1. Orders entered by investors, but not yet transacted are deemed to be open until they expire or are filled.

2. Different exchanges will have different opening times. For instance, the NYSE and the Nasdaq open at 9:30 EST, whereas the AMEX opens at 9:00 EST for options on debt securities.


Related Links
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Related Terms
Amex | At-the-Opening Order | Close | Nasdaq | NYSE | Open Order | Opening Bell | Order | Wide Open

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Image Financial LLC is not a registered broker-dealer, but rather works in coordination with fully licensed broker-dealers, SIPC-insured clearing firms, and private trading firms to provide licensed and non-licensed clients with access to career trading programs and direct access trading capabilities.  Our firm and our network affiliates strongly recommend that all clients fully read and acknowledge all SEC risk disclosure statements available on our site and our affiliate broker-dealer websites prior to engaging in any live trading activity, and acquire a solid understanding of the risks inherent in active "day" trading.