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At The Close




(CLO) - Designed to take advantage of market action accompanying a moment in time. At the close orders may be entered any time prior to the close, but will be held until the final moments of trading.

The actual price at which the order is filled has nothing to do with the final price for the day. Instead the execution is said to be, “within the closing range.”

Related Terms:

Good Till Cancelled
(GTC) - A GTC order authorizes the broker to buy or sell a position at a ...

On The Opening
(OPG) - Designed to take advantage of odd market movements that might accompany the opening. If ...

CPR
An abbreviation for a Closing Price Reversal, a short-term price action. ...





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