Open Rotation

Posted in Finance, Accounting and Economics Terms, Total Reads: 884

Definition: Open Rotation

Open Rotation refers to those order which remain open during the day and if they are not executed during the day, then they expire. Traders use this type of order to execute their trade at the price during the opening bell.

If the markets remain closed for any reason, such as a technical issue or incase the circuit breakers are implemented, such type orders are not executed..

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