Glossary
of trading terms

Glossary of trading terms

Glossary of trading terms

OCO (One Cancels the Other) Order

A pair of orders that negate the other. If one is executed, the other is automatically cancelled.

OECD (Organization for Economic Cooperation and Development)

A group of 34 industrially and developmentally advance countries. The organization’s purpose is to promote the socio-economic well-being of countries around the world.

Offer

The price at which a seller is willing to sell.

Open position

A trade that hasn’t yet been closed.

Option

A contract that gives the buyer the right (NOT the obligation) to buy something at a preset price within a fixed period of time

Order

A request to a broker to carry out a transaction on one’s behalf.

OTC (Over The Counter)

A market trade conducted directly between dealers and principals over a phone and computer network as opposed to via an exchange.

Overbought

A term used when prices are seen to be rising more than they should according to fundamental factors or technical analysis.

Overnight position

A trade that stays open after markets close.

Oversold

A term used when prices are seen to be dropping faster than they should according to fundamental factors or technical analysis.

Learn, Practice, Trade!

تعلّم، تدرّب، تداول!

Your One-Stop-Shop for Trading Success

تعلّم، تدرّب، تداول!

Learn, Practice, Trade!

Your One-Stop-Shop
for Trading Success

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