The state of actually owning a security, contract, or commodity. also called long. opposite of short.
To buy or hold a long position is the state of actually owning a stock, security, contract, or commodity. It is the opposite of a short position.
The amount of SECURITIES that the person or its agent has title to or would have title to but for having loaned the securities; has bought or has entered into an unconditional contract to buy but has not yet received the securities; has exercised a standard CALL OPTION; has converted, exchanged, or exercised an equivalent security; or is entitled to receive upon conversion, exchange, or exercise of an equivalent security. Rule 14e4(a)(1)(i).