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:
“When any man expresses doubt to me as to the use that I or any other woman might make of the ballot if we had it, my answer is, What is that to you? If you have for years defrauded me of my rightful inheritance, and then, as a stroke of policy, of from late conviction, concluded to restore to me my own domain, must I ask you whether I may make of it a garden of flowers, or a field of wheat, or a pasture for kine?”
—Matilda Joslyn Gage (1826–1898)
“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)