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TeachMeFinance.com - explain Open trade historic definition... Open trade -- This term applies to a speculative trade or transaction that has not been closed. For instance, when a stock has been bought that is to be sold again it is an open trade or the trade is open until the stock actually is sold and the trade or transaction is thus completed or closed. It is the same if a stock is sold short ; it is an open trade until the stock is bought. The term also applies to trades in grain, cotton, coffee, etc. 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.