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:
“Books, gentlemen, are a species of men, and introduced to them you circulate in the “very best society” that this world can furnish, without the intolerable infliction of “dressing” to go into it. In your shabbiest coat and cosiest slippers you may socially chat even with the fastidious Earl of Chesterfield, and lounging under a tree enjoy the divinest intimacy with my late lord of Verulam.”
—Herman Melville (1819–1891)
“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)