Used for listed equity securities. Left over after pairing off other market buy and sell orders , usually before the opening of a stock or market but at times at the close (especially during index expirations ). See: imbalance of orders .
ON BALANCE
Meaning of ON BALANCE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012