Dictionary
- OCO /One Cancels the Other/
- A limit order consisting of two BUY orders (or two SELL orders) placed at levels either side of the current market value. The execution of one order automatically cancels the other.
- Offshore Company
- A company incorporated in a country where there is little government control and/or low tax rates.
- Open (good-till-canceled) Оrder
- A buy or sell order remaining in force for up to six months unless canceled.
- Open Interest
- The total number of derivative contracts traded that have not yet been liquidated either by an offsetting derivative transaction or by delivery.
- Open Position
- Any position (long or short) that is subject to market fluctuations and has not been closed out by a corresponding opposite transaction.