Finance

Category: O

  • Obligation

    Obligation AccelerationConcept of Obligation Acceleration in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A credit event term used in a credit derivative (i.e. an instrument that transfers risk from one party to the other) when one or more […]

  • On Track

    Concept of On Track (or Track Country Station) in Futures TradingIn this context of financial law, the following are some alternative definitions of On Track (or Track Country Station): (a) A type of deferred delivery in which the price is set f.o.b. seller’s location, and the buyer agrees to […]

  • Offset

    Concept of Offset in Futures TradingIn this context of financial law, the following is a definition of Offset: Liquidating a purchase of futures contracts through the sale of an equal number of contracts of the same delivery month, or liquidating a short sale of futures through the purchase of […]

  • Opening Price

    Concept of Opening Price (or Range) in Futures TradingIn this context of financial law, the following is a definition of Opening Price (or Range): The price (or price range) recorded during the period designated by the exchange as the official opening.

  • Outperformance

    Concept of Outperformance in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A strategy whereby each party pays to the other party the performance of a different asset, resulting in a net payout of the outperformance of one asset relative to […]

  • Out Trade

    Concept of Out Trade in Futures TradingIn this context of financial law, the following is a definition of Out Trade: A trade that cannot be cleared by a clearing organization because the trade data submitted by the two clearing members or two traders involved in the trade differs in some […]

  • Oversold

    Concept of Oversold in Futures TradingIn this context of financial law, the following is a definition of Oversold: A technical opinion that the market price has declined too steeply and too fast in relation to underlying fundamental factors; rank and file traders who were bearish and short have […]

  • Out of Position

    ResourcesSee AlsoIn Position Futures Trading Consumer Protection Consumer Finance

  • Original Margin

    Concept of Original Margin in Futures TradingIn this context of financial law, the following is a definition of Original Margin: Term applied to the initial deposit of margin money each clearing member firm is required to make according to clearing organization rules based upon positions […]

  • Off Exchange

    ResourcesSee AlsoOver-the-Counter Futures Trading Consumer Protection Consumer Finance

  • Open Order

    Concept of Open Order (or Orders) in Futures TradingIn this context of financial law, the following is a definition of Open Order (or Orders): An order that remains in force until it is canceled or until the futures contracts expire. See Good Till Canceled and Good This Week orders.

  • One Cancels the Other Order

    Concept of One Cancels the Other (OCO) Order in Futures TradingIn this context of financial law, the following is a definition of One Cancels the Other (OCO) Order: A pair of orders, typically limit orders, whereby if one order is filled, the other order will automatically be cancelled. For […]

  • Open Interest

    Concept of Open Interest in Futures TradingIn this context of financial law, the following is a definition of Open Interest: The total number of futures contracts long or short in a delivery month or market that has been entered into and not yet liquidated by an offsetting transaction or […]

  • Outright

    Concept of Outright in Futures TradingIn this context of financial law, the following is a definition of Outright: An order to buy or sell only one specific type of futures contract; an order that is not a spread order.

  • Option Delta

    ResourcesSee AlsoDelta Futures Trading Consumer Protection Consumer Finance