position; open interest; outstanding contract
Finance term for the amount of a security, commodity, or derivative that an investor or dealer holds, either owned (long) or owed (short). Also used for the total number of open contracts in a market.
It's difficult to time the closing of a position.
Open interest in the futures market hit a record high.
From 建て “establishing or opening” and 玉, exchange-market jargon for a trading lot or position. The compound denotes an open position established by a transaction.