Open Rotation

AAA

DEFINITION of 'Open Rotation'

An order to buy or sell a security that is to remain active through the day's opening trading rotation. Open rotation orders that are not filled during the initial rotation automatically expire.

INVESTOPEDIA EXPLAINS 'Open Rotation'

Investors may use an open rotation in order to buy or sell a security at the opening price. An open rotation does not necessarily mean that the order is to be executed at opening bell, as it can also apply to trades that are executed when the market has been closed for any reason, including technical issues.

RELATED TERMS
  1. Open

    1. An unexecuted order that is still valid. An open order is ...
  2. Order

    An investor's instructions to a broker or brokerage firm to purchase ...
  3. At-The-Close Order

    An order specifying that a trade is to be executed at the close ...
  4. At-The-Opening-Order

    An investor's directive to her broker or brokerage firm to buy ...
  5. Acquisition

    A corporate action in which a company buys most, if not all, ...
  6. International Finance Corporation

    The International Finance Corporation is an organization dedicated ...
Related Articles
  1. Understanding Order Execution
    Investing Basics

    Understanding Order Execution

  2. The Basics Of Trading A Stock
    Active Trading Fundamentals

    The Basics Of Trading A Stock

  3. Brokers and Online Trading
    Options & Futures

    Brokers and Online Trading

  4. How To Invest In The Nikkei 225
    Mutual Funds & ETFs

    How To Invest In The Nikkei 225

comments powered by Disqus
Hot Definitions
  1. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  2. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  3. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  4. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  5. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  6. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
Trading Center