Open Position Definition

An open position is a trade that has been entered but not yet closed.

What is an Open Position?

Open positions carry ongoing exposure to market movements and are marked to market until closed.

They can result in floating profit or loss until they are exited.

A trader who bought shares and has not yet sold them still holds an open position.

An OCO order links two orders so that when one is executed, the other is automatically cancelled.

Open interest is the total number of outstanding derivative contracts, such as futures or options, that have not been settled or closed.

An order book is a real-time list of buy and sell orders for a particular asset, organized by price level.