See Also: Late day trading(finance)
Late trading(finance)
Late trading(money)
Late Money - Horse Racing(gambling)
Tight money or dear money(finance)
late(dictionary)
late(1)(dictionary)
late(2)(dictionary)
late cyanosis(medicine)
late rickets(medicine)

Late trading (money)


Definition: [crh] Late trading of mutual fund shares occurs when investors placing trades after 4 PM receive the 4 PM price. These late traders can use the information revealed after 4 PM to guide their trades: Definition: buying funds when their current value is greater than their 4 PM value and selling the funds when the reverse is true. Doing so allows them to earn expected abnormal returns at the expense of the funDefinition: d's long-term shareholders.