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:
“If a liberal policy towards the late Rebels is adopted, the ultra Republicans are opposed to it; if the colored people are honored, the extremists of the other wing cry out against it. I suspect I am right in both cases.”
—Rutherford Birchard Hayes (1822–1893)
“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)