2006-06-07 07:18:55 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
I'm assuming you are talking about stock trading. An open market trade is when you specify you wish to buy or sell a stock at any given price. Your broker will then take the next available price and sell or buy the given amount of shares of stock you want. This is different from a limit order, which is where you can specify what price is the maximum you will pay for a stock. A stop order can be used when you want to sell a certain stock if it goes down to a certain price to protect losses.
2006-06-07 07:23:37 · answer #1 · answered by utvolsfan13 2 · 0⤊ 0⤋
In reference to insider buying/selling - which is where you usually see the phrase "open market" or "non-open market" - it means the individual bought or sold shares on the open market (on an exchange) rather than from/to the company (in a stock program) or a private seller/buyer or an options exercise, or some such.
2006-06-07 07:45:32 · answer #2 · answered by TJ 6 · 0⤊ 0⤋