Forex Software
Forex Software Forex Strategy Builder Forex Strategy Trader Strategies Blog Forum
Forex Strategies Forex Set-ups Glossary Books

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

OCO /One Cancels the Other/ A limit order consisting of two BUY orders (or two SELL orders) placed at levels either side of the current market value. The execution of one order automatically cancels the other.
Offer/Ask The price at which a seller is prepared to deal.
Offshore Company A company incorporated in a country where there is little government control and/or low tax rates.
Open Interest The total number of derivative contracts traded that have not yet been liquidated either by an offsetting derivative transaction or by delivery.
Open (good-till-canceled) Order A buy or sell order remaining in force for up to six months unless canceled.
Open Position Any position (long or short) that is subject to market fluctuations and has not been closed out by a corresponding opposite transaction.
Open Trades Current trades that are still held active in the customer's account.
Option A contract that provides the right but not the obligation to buy or sell a specified amount of a security within a specified time period.
Option Premium The market price of an option that is paid by an option buyer to the option writer for the right to buy or sell the underlying security at a specified price by the option's expiration date.
Order A request from a client to a broker to buy (buy order) or sell (sell order) a specified amount of a particular security or commodity at a specific price or at the market price. There are different types of orders: market order, limit order, good-till-canceled order, etc.
Oscillator Technical indicator used to identify overbought and oversold price regions. An indicator that detrends data, such as price.
OTC (Over the counter) A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange.
OTC Option Any option which is not traded on a listed exchange.
Out-of-Sample An item within the range of a sample that does not conform to the mean of the sample.
Overbought Market prices that have risen too steeply and too fast.
Overbought/Oversold Indicator An indicator that attempts to define when prices have moved too far and too fast in either direction and thus are vulnerable to a reaction.
Overnight Transferring the position to the next business day. The account will be charged by the roll-over fee.
Oversold Market prices that have declined too steeply and too fast.

Top