Opening Bank


 

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Opening Bank

A bank which establishes a letter of credit.



Opening Bank

Similar Matches

Opening transaction

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.


Opening price

Opening price

The range of prices at which the first bids and offers are made or the first transactions are completed on an exchange.


Opening Automated Report Service

Opening Automated Report Service

Provides improved accuracy and efficiency for handling certain orders sent before trading opens. OARS receives, stores, and continuously tabulates market orders up to a specified size routed through the common message switch. It matches buy and sell interest in each stock, calculates imbalances, and reports them to specialists. Seconds after the specialist notifies OARS of an opening price, the system automatically generates and returns execution reports to originating firms, and submits the trade for automatic clearance and settlement.


Opening purchase

Opening purchase

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


On the opening order

On the opening order

A market order that is to be executed at the price of the first trade of the day.


Further Suggestions

At the opening order
Reopening
Market opening
Buy on opening
Opening
opening sale
Wide opening
Held at the opening
Delayed opening
Opening sale


 
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