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:
“So was produced this tragedy
In a far tower of ivory
Where, O young men, late in the night
All you who drink light and stroke the air
Come back, seeking the night, and cry
To strict Rapunzel to let down her hair.”
—Allen Tate (1899–1979)
“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)