End of Day Order (EOD)
An order to buy or sell a specific asset at a predetermined price, which is kept open until the end of the trading day but cancelled if the asset fails to reach the desired price.
Did you know?
Papyri PCZ I 59021, which dates back to 259/8 B.C., shows the exchange of coinage in ancient Egypt.
Word of the day
"Risk/Reward (R/R)" - A ratio that compares the expected returns of an investment to the amount of risk that an investor undertakes.
Most market activity occurs when at least two market centres are open at the same time.