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| OECD | An international organization helping governments to tackle the economic, social and governance challenges of a global economy
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| Offer | The price at which a seller is willing to sell
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| Offered Market | Temporary situation where offers exceed bids
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| Offset | The closing-out or liquidation of a position
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| Off-Shore | The operations of a financial institution that although physically located in a country, has little connection with that country's financial systems
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| Open Interest | The total number of outstanding option or futures contracts that have not been closed out by offset or fulfilled by delivery
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| Open Market Committee | Same as Federal Open Market Committee
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| Open Market Operations | Central Bank operations in the markets to influence exchange and interest rates
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| Open Position | A position that is not yet closed
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| Option Class | Options of the same type said to be of the same class
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| Option Series | All options of the same class having the same exercise/strike price and expiry
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| Option | The right, but not the obligation, to buy (call) or sell (put) a specific amount of a given stock, commodity, currency, index or debt at a specified price (the strike price) during a specified period of time
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| OTC | Over-the-Counter - a security which is not traded on an exchange
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| Out-of the Money | A call option whose strike price is higher than the market price of the underlying, or a put option whose strike price is lower than the market price of the underlyin
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| Overnight Limit | Net long or short position in one or more currencies that a dealer can carry over into the next dealing day
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| Overnight | A deal from today until the next business day
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| Over the Counter | See OTC
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