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:
“Names on a list, whose faces I do not recall
But they are gone to early death, who late in school
Distinguished the belt feed lever from the belt holding pawl.”
—Richard Eberhart (b. 1904)
“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)