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Open positions are found in external futures bills.
On the external futures bill, check the opening steps as follows:

1, the open position of pending orders is an indicator to measure market activity. Little or no open position means that there is no open position in the market, or almost all positions have been closed. Higher open positions mean that market participants still hold many contracts, and they will continue to pay attention to market dynamics.

2. Pending orders and positions are indicators to measure the capital flow into a certain trading variety. The increase of pending orders means more new funds enter the market, while the decrease of open contracts indicates that funds are gradually flowing out of a certain variety.

3. The holding amount of pending orders is also an indicator of the trend intensity. As mentioned above, the increase of pending orders means that new funds enter the market, which is usually regarded as a signal that the current market trend is getting stronger and may last for a long time.