OTC stands for over-the-counter, and refers to a trade that is not made on a formal exchange. It is often also referred to as off-exchange trading.

Ordinary share

Ordinary shares, also known as common shares, are issued by publicly listed companies. Typically, the shareholders are entitled to one vote per share, and any ordinary dividends paid by the company. T...

Open positions

Your open positions are the trades you have made that are still able to incur a profit or a loss. When a position is closed, all profits and losses are realised and the trade is no longer active.

Open offer

An open offer is a secondary market offering that allows existing shareholders in a company to purchase new shares in the business on a pre-emptive basis and at a lower price, or discounted rate, to t...


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.


An oil ETF is a type of exchange traded fund (ETF) that offers a way of taking advantage of volatility in the price of oil. Different oil ETFs will do this in different ways – some might comprise of...


Investment funds charge two types of fees. The first is a ‘one-off’ charge, whereby the fund will take a percentage of an investor’s money on entry. The second refers to the ongoing charges figu...

Old Stock and Bond Certificates

An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its nam...

Online Trading

Although you may save time and money trading online, it does not take the homework out of making investment decisions.  To avoid costly mistakes, investors who trade online should understand how our ...

Open-end Company

The legal name for a mutual fund. An open-end company is a type of investment company.