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:
“What else has been English news for so long a season? What else, of late years, has been England to us,—to us who read books, we mean?... Carlyle alone, since the death of Coleridge, has kept the promise of England. It is the best apology for all the bustle and the sin of commerce, that it has made us acquainted with the thoughts of this man.”
—Henry David Thoreau (1817–1862)
“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)