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Glossary of terms used on this site

There are 254 entries in this glossary.
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Term Definition
Open interest

The total number of option and future contracts that have not been exercised, closed out, or allowed to expire.

Open-end mutual fund

A company’s total income before interests and taxes that earned from its operation.

Operating income

An contract allowing the investor to buy or sell securities.

Options

A situation in which the striking price is above the market price of the underlying stock for a call, or the striking price is below the market price of the underlying stock for a put.

Out-of-the-money

A transaction made outside SEHK and HKFE.

Over-the-counter market

The stated amount of a security.

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