Close out


 

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Close out

A 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 Matches

Closed end management company

Closed end management company

An investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company.


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.


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 corporation

Closed corporation

A corporation whose shares are owned by just a few people, having no public market.


Closed period

Closed period

The two months before a company announces its results in which directors are prohibited from dealing in its shares.


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