One who has bought futures contracts or owns a cash commodity. Chicago Board of Trade glossary
————
One who has purchased futures contracts or the cash commodity, but has not taken any action to offset his position. Also, purchasing a futures contract. A trader with a long position hopes to profit from a price increase. The CENTER ONLINE Futures Glossary
————
The position of an investor who owns, or commits to buy, a security in either the cash or futures markets. For example, the purchase of an interest rate future is a commitment to take delivery of securities at an agreed-on price on some future date. This is called a long futures position. Owning an investment security is a long cash position. American Banker Glossary
————
One who has bought a contract to establish a market position and who has not yet closed out this position through an offsetting sale; the opposite of short. Bloomberg Financial Dictionary
————
One who has bought a futures or options on futures contract to establish a market position and who has not yet closed out this position through an offsetting procedure. The opposite of Short. Also, a market position that obligates the holder to take delivery if the position is not offset previous to delivery date. Chicago Mercantile Exchange Glossary
————
Any position which has been purchased. For example, a long futures position means that you have bought a future. Contrast with short. Dresdner Kleinwort Wasserstein financial glossary
————
Owning a security. Exchange Handbook Glossary
————
A long position is when someone buys (holds) a warrant or holds the underlying asset. Contrasts with Short position. London Stock Exchange Glossary
* * *
▪ I. long long 1 [lɒŋ ǁ lɒːŋ] adjective
1. FINANCE possessing shares, bonds, currencies etc because you believe that their value is going to increase:
long on
• Those who were long on dollars rushed to sell them.
— long noun [countable usually plural] :
• After massive sales recently of US stocks and futures, the fund now has 30% more shorts than it has longs.
2. long day/hours etc if you work long hours or a long day, you work for more time than is usual:
• Tax specialists often work long hours during assessment time.
[m0] ▪ II. long long 2 adverb
FINANCE go long (on something) to buy or keep bonds, shares, currencies etc because you believe that their value will rise:
• He reversed short positions and went long on Hong Kong stocks.
• Dealers are going long on dollars in expectation of today's release of strong US trade figures.
* * *
Investors are 'long' when they have bought assets in the hope that prices will rise and that they can sell them when prices have peaked. A long position can be closed out through the sale of an equivalent amount. The opposite of short.
► See also Short.
* * *
Ⅰ.
long UK US /lɒŋ/ adjective
► FINANCE, STOCK MARKET used to describe the situation in which you buy and keep shares, etc. because you expect them to rise in value and make a profit: »
Nobody wants to be long on stocks over a weekend of economic uncertainty, because stocks may fall sharply in value when markets reopen on Monday.
Ⅱ.
long UK US /lɒŋ/ adverb FINANCE, STOCK MARKET
Financial and business terms. 2012.