open order (or orders)

Definition of "open order (or orders)"
  1. A directive that stays effective until either it is rescinded or the related futures contracts reach their expiry date
How to use "open order (or orders)" in a sentence
  1. Despite market fluctuations, his open order remained valid.
  2. The broker maintained her open order until the futures contract terminated.
  3. He canceled his open order before the futures contracts expired.
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