See Also: Flat trades(finance)
Flat trades(money)
Trades - Baseball(gambling)
BUILDING TRADES(finance)
Trades by appointment(money)
Volatility trades(finance)
Trades by appointment(finance)
Program trades(money)
Basket trades(money)
Informationless trades(money)

Flat trades (finance)


A bond in default trades flat; that is, the price quoted covers both principal and unpaid accrued interest. Any security that trades without accrued interest or at a price that includes accrued interest is said to trade flat.