Late trading is trading executed after the standard local national exchanges have closed. This is distinct from after-hours trading, as they have in context specific meanings, the former may be illegal while the latter is legal.
Read more about Late Trading: Mutual Funds, Controversy
Famous quotes containing the words late and/or trading:
“The more the development of late capitalism renders obsolete or at least suspect the real possibilities of self, self- fulfillment and actualization, the more they are emphasized as if they could spring to life through an act of will alone.”
—Richard Dean Rosen (b. 1949)
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)