Opening Transaction: Applies to derivative products. (1)Buy or sell transaction that creates a position out of a flat one (writing an option short or buying an option long). Antithesis of closing transaction. (2) First transaction of the day in a stock.

 

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Opening Transaction: Applies to derivative products. (1)Buy or sell transaction that creates a position out of a flat one (writing an option short or buying an option long). Antithesis of closing transaction. (2 . . . View Full Definition

Rough Opening: The horizontal and vertical measurement of a window or door opening before drywall or siding is installed.

Round-Trip Transactions Costs: Costs of completing a transaction, including commissions, market impact costs, and taxes.

Structured Arbitrage Transaction: A form of pricing efficiency, that posits that the price of a security reflects all information, whether or not it is publicly available. Related: Weak-form efficiency, semi-strong form efficiency.

Taxable Transaction: Taxed private-purpose bonds issued by the state or local government to finance prohibited projects such as sports stadiums.

Riskless Transaction: A transaction that is guaranteed a profit, such as the arbitrage of a temporary differential between commodity prices in two different markets. The evaluation of whether dealer markups and m . . . View Full Definition

Opening Up: Is increasing the size of the lens aperture or decreasing the shutter speed to admit more light to the film.

Opening Purchase: Creation of or increase in a long position in a given series of options.

Opening Sale: Creation of or increase in a short position in a given series of options.

Opening The Books: Every time a business closes the books for a year, it opens a new set. The new set of books will be empty, therefore the balances from the last balance sheet must be copied into them (via jo . . . View Full Definition