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:
“A glimpse through an interstice caught,
Of a crowd of workmen and drivers in a barroom around the stove late of a winter night, and I unremarked seated in a corner,
Of a youth who loves me and whom I love, silently approaching and seating himself near, that he may hold me by the hand,
A long while amid the noises of coming and going, of drinking and
oath and smutty jest,
There we two, content, happy in being together, speaking little,
perhaps not a word.”
—Walt Whitman (1819–1892)
“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)