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Close out |
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Close outA futures transaction where an equal and opposite trade closes an open position. This leaves a trader with what is known as a zero net position.Similar MatchesClosely held corporationClosely held corporationIn 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. Closed fundClosed fundA mutual fund that is no longer issuing shares, mainly because it has grown too large. Undisclosed PrincipalUndisclosed PrincipalA principal whose identity is not revealed by an agent. Close marketClose marketA securities market in which the difference between bid and offer prices is narrow and which reflects high volume trading in a 'liquid' stock. Closed end fundClosed end fundA collective fund which has a fixed number of issued shares traded on a stock exchange. Because the supply of shares is limited, they will rise and fall in value according to supply and demand just like ordinary company shares. In the UK, this is equivalent to an investment trust.In contrast, open end funds are allowed to accommodate demand by issuing new shares, so the value of their units does not rise and fall in response to demand, but is more or less equal to the value of the fund's underlying assets. In the UK, this is equivalent to a unit trust. Further SuggestionsAt the close orderClosed out Close Closed end management company Closed end management company Closed corporation Closed end fund Buy on close Market on Close (MOC) order Closed economy Closer Economic Relations Closely held company Close market Closed end mortgage close company closed period Closely held Close end credit Limit on close order On the close order |
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