O | Glossary

A One Time Password (OTP)

A One Time Password (OTP) is a security feature used to authenticate a user for a single transaction or login session. It is a temporary, unique code typically sent to a user's mobile device or email, providing an additional layer of security beyond traditional passwords. OTPs help protect against unauthorized access by ensuring that only the intended recipient can complete the authentication process.

Odysee

Odysee is a decentralized video-sharing platform that leverages blockchain technology to provide a censorship-resistant and user-driven experience. It allows content creators to publish videos and earn cryptocurrency rewards, specifically LBRY Credits (LBC), for their contributions. The platform emphasizes freedom of expression, transparency, and community governance, offering an alternative to traditional, centralized video hosting services.

Office of the comptroller of the currency (OCC)

The Office of the Comptroller of the Currency (OCC) is a bureau within the U.S. Department of the Treasury. It is responsible for regulating and supervising all national banks and federal savings associations, as well as federal branches and agencies of foreign banks in the United States.

Offshore account

An offshore account is a bank account located outside the account holder's country of residence, typically in a jurisdiction known for favorable financial regulations, privacy, and tax benefits.

On-Balance Volume (OBV)

On-Balance Volume (OBV) is a technical analysis indicator that measures buying and selling pressure by adding volume on up days and subtracting volume on down days.

Online Banking

Online banking is a digital service that allows individuals and businesses to conduct financial transactions and manage their bank accounts over the internet. It provides users with convenient access to a range of banking services, such as checking account balances, transferring funds, paying bills, and viewing transaction history, all from the comfort of their computer or mobile device.

Open Interest

Open Interest refers to the total number of outstanding derivative contracts, such as options or futures, that have not been settled or closed. It is a key indicator used in the financial markets to gauge the level of activity and liquidity in a particular contract. High open interest typically signifies a high level of interest and participation from traders, while low open interest may indicate less activity. This metric helps investors understand market sentiment and potential price movements.

Optimistic Rollup

Optimistic Rollup is a layer 2 scaling solution for Ethereum that increases transaction throughput by processing transactions off-chain and only submitting the results to the main chain, assuming transactions are valid unless proven otherwise.

Options market

The options market is a financial marketplace where participants can trade options contracts, which are derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price before or on a specified expiration date.

Oracles

Oracles are entities or systems that provide authoritative insights or predictions, often used in various contexts such as mythology, religion, and technology. In ancient times, oracles were considered divine intermediaries who delivered messages from the gods. In modern technology, particularly in blockchain, oracles are services that supply external data to smart contracts, enabling them to interact with real-world information.

Order Book

An "Order Book" is a digital or physical ledger used in financial markets to record the buy and sell orders for a particular asset, such as stocks, bonds, or cryptocurrencies. It displays the prices and quantities of orders, providing a transparent view of market depth and liquidity. The order book helps traders make informed decisions by showing the supply and demand dynamics, and it is continuously updated as new orders are placed and existing ones are executed or canceled.

Order execution

Order execution refers to the process of completing a buy or sell order for a financial asset, such as stocks, bonds, or commodities, on a trading platform or through a brokerage. This involves matching the order with a corresponding counterparty, ensuring the transaction adheres to market regulations, and confirming the trade's completion. Efficient order execution is crucial for achieving the desired price and minimizing transaction costs, thereby impacting the overall investment strategy and performance.

Order management system

An Order Management System (OMS) is a digital platform designed to streamline and automate the entire order lifecycle, from order creation to fulfillment and post-sales service. It integrates various functions such as inventory management, order processing, customer service, and shipping logistics, ensuring efficient and accurate handling of customer orders. By providing real-time visibility into order status and inventory levels, an OMS helps businesses improve operational efficiency, reduce errors, and enhance customer satisfaction.

Overbought

Overbought is a term used in financial markets to describe a security that has experienced a rapid price increase and is trading at a level higher than its intrinsic value. This condition often suggests that the asset may be due for a price correction or pullback, as it indicates that buying pressure has been excessive and may not be sustainable.

Overnight fee

An "overnight fee" is a charge applied by financial institutions or brokerage firms for holding a position open overnight. This fee is typically associated with leveraged trading instruments such as forex, CFDs (Contracts for Difference), and other derivatives. The fee compensates the broker for the risk and cost of maintaining the position beyond standard trading hours. It can vary based on the asset, market conditions, and the specific terms set by the broker.

Oversold

Oversold is a term commonly used in financial markets to describe a situation where the price of a security, such as a stock or commodity, has fallen sharply and to a level that is considered too low relative to its intrinsic value. This condition often suggests that the asset may be undervalued and could be due for a price correction or rebound. Technical analysts typically identify oversold conditions using various indicators, such as the Relative Strength Index (RSI), to determine potential buying opportunities.

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