open order definition

open order

An order to conduct a securities transaction (i.e. buy or sell a security) which remains in effect (i.e. remains active) until either the order is canceled or executed.

Alternative term for backlog.

open order is in the Accounting & Auditing and Industries, Manufacturing, & Technology subjects.

open order appears in the definitions of the following terms: order and trading halt

open order appears in these other term: market on open order

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