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Accounting
Banking

Order Ticket

A form that is filled out by an account representative in which the instructions associated with a transaction (order). For...

Open Position

A position that is taken in the market and still active (not closed). This involves an investment (e.g., a share...

Or Better

An instruction that is attached to an order that will be placed in the market, provided that the price is...

Order

An instruction to buy, sell, or short an investment (e.g., a share of stock, a bond, an option, etc.) defining...

Open Order

A trading order that has not been executed. This order remains in the system (books of a broker) until it is...