open interest

Definition of "open interest"
  1. Total count of undelivered futures contracts, either bought or sold in a market, that have not been offset or delivered
How to use "open interest" in a sentence
  1. The open interest of the market increased significantly since yesterday.
  2. The sharp decrease in open interest suggested that traders are closing their positions.
  3. The high open interest indicates the activeness of the futures market.

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