On The Opening
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(OPG) - Designed to take advantage of odd market movements that might accompany the opening. If an order is not present in the trading crowd at the moment of the opening, the order will be canceled—even if the price when the order finally arrives is better than it was at the opening. |
Related Terms: | ||
Buy on Open An order stipulating to buy the security at the opening of the trading session. ... At The Close (CLO) - Designed to take advantage of market action accompanying a moment in time. At the ... Fill or Kill (FOK) - An order where a precise number of contracts must be filled or the order ... |
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