Open has several definitions within investing. It can refer to the daily opening of an exchange, and an order or position that has not yet been filled or closed.
Open definition
Market open
The market open is the beginning of trading on an exchange each day. Market opens vary between exchanges and time differences can be a big factor.
We offer out-of-hours trading to allow Australiantraders to trade US stocks both pre and post-market.
Open orders
Open orders are orders that have not yet been filled (or executed). The length of time that an order can remain open for, and stipulations involved in filling it, vary between different types of orders. Day orders, for instance, can remain open for a single trading day. Good-‘til-cancelled orders can remain open indefinitely.
An open position is a current position that has not yet been closed.
Visit our education section
Find our more about the types of orders in our education section.
Contact us
Questions about opening an account: +44 (20) 7633 5430 or email: sales.en@ig.com
Existing client questions:
+44 (20) 7633 5431 or email: helpdesk.en@ig.com
We’re here 24 hours a day, except from 6am to 4pm on Saturday (UTC+8).
