round-turn

round-turn
Procedure by which the long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity. Bloomberg Financial Dictionary
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A completed transaction involving both a purchase and a liquidating sale, or a sale followed by a covering purchase.A round turn counts both the buy and the sell as one event. In a typical exchange volume measurement, a one-contract trade would be counted as one round turn ( i.e., single event, same trade, different customers). From the customer's perspective, a round turn represents two filled orders from his or her brokerage firm - one to take a position and one to offset that position ( i.e., same customer, different trades). Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

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  • Round turn — Round Round, a. [OF. roond, roont, reond, F. rond, fr. L. rotundus, fr. rota wheel. See {Rotary}, and cf. {Rotund}, {roundel}, {Rundlet}.] 1. Having every portion of the surface or of the circumference equally distant from the center; spherical;… …   The Collaborative International Dictionary of English

  • round turn — n. one complete turn, as of a rope, around something: see KNOT1 …   English World dictionary

  • round turn — A complete futures transaction (both entry and exit); for example, a sale and covering purchase, or a purchase and liquidating sale. Commissions are usually charged on a round turn basis. The CENTER ONLINE Futures Glossary * * *    A transaction… …   Financial and business terms

  • Round turn and two half-hitches — Knot details name=Round turn and two half hitches names= Round turn and a half hitch, Two round turns and two half hitches, etc. type= hitch strength= origin= related= Two half hitches releasing= uses= Secure the end of a rope to a fixed object.… …   Wikipedia

  • round turn — noun 1. : one turn of a rope round a timber or belaying pin or around a bollard on a pier to stop a ship suddenly 2. : a foul hawse resulting from a 720 degree turn made by a ship riding at two anchors compare elbow in hawse * * * a complete turn …   Useful english dictionary

  • round turn — a complete turn of a rope or the like around an object. [1835 45] * * * …   Universalium

  • To bring up with a round turn — Round Round, a. [OF. roond, roont, reond, F. rond, fr. L. rotundus, fr. rota wheel. See {Rotary}, and cf. {Rotund}, {roundel}, {Rundlet}.] 1. Having every portion of the surface or of the circumference equally distant from the center; spherical;… …   The Collaborative International Dictionary of English

  • round turn — noun A full encirclement of an object with rope …   Wiktionary

  • Round-turn — Procedure by which the Long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity. The New York Times Financial Glossary …   Financial and business terms

  • To bring up any one with a round turn — Bring Bring, v. t. [imp. & p. p. {Brought}; p. pr. & vb. n. {Bringing}.] [OE. bringen, AS. bringan; akin to OS. brengian, D. brengen, Fries. brenga, OHG. bringan, G. bringen, Goth. briggan.] 1. To convey to the place where the speaker is or is to …   The Collaborative International Dictionary of English

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