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TeachMeFinance.com - explain Books open historic definition... Books open -- Only when the transfer books of a company are open can the ownership of securities be changed in the record ; in other words, in the interval between the closing and the opening of books stocks cannot be transferred on the books. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.