At the close order


 

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At the close order

In the context of securities, an all or none market order that is to be executed at the closing price of the security on the exchange. If the execution cannot be made under this condition, the order is to be treated as cancelled. In the context of futures and options, refers to a contract that is to be executed on some exchanges during the closing period, a period in which there is a range of prices.



At the close order

Similar Matches

Undisclosed Principal

Undisclosed Principal

A principal whose identity is not revealed by an agent.


Closely held corporation

Closely held corporation

In the US, this refers to a corporation with only a small number of shareholders. Although a public company, shares would not normally be available for trading because of a lack of liquidity.


On the close order

On the close order

A market order that is to be executed as close as possible to the closing price of the day.


Market on Close (MOC) order

Market on Close (MOC) order

An order to trade stocks, options, or futures as close as possible to the market close. See also MOC.


Closed end fund

Closed end fund

An investment company that sells shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund.


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