Trade flat

Trade flat

For convertibles, trade without accrued interest. Preferred stock always "trades flat," as do bonds on which interest is in default or is in doubt. In general, trade in and out of a position at the same price, neither making a profit nor taking a loss.

Trade Flat

1. In stocks, to trade without a change in price. That is, one trades flat when one sells a stock for the same price at which one bought it.

2. In bonds, to trade without accrued interest. That is, the buyer is not responsible for paying the seller for any interest that has accumulated since the last coupon payment.
References in periodicals archive ?
The dollar hit its highest since April 23 against a basket of major currencies before pulling back slightly to trade flat on the day.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed the day's trade flat, up 15.
Perhaps then, the 60ps or so spread between the two (on the USD denominated 22s) is fair, although we note that at the long end, both the DUGB 42s and the Moroc 42s trade flat to each other.
95 points before settling back to trade flat at 8,988.
By 0320 GMT, it pared losses to trade flat at $1,667.
European shares pared back earlier gains to trade flat in thin trade on Monday with investors once again preoccupied by problems surrounding Spain's banks.
The Australian dollar, after rallying sharply overnight and for much of the early Asia session, halted its gains to trade flat for the rest of the session.
The long-term uranium price has been relatively stable at around US$60 per pound, down from historical highs but a significant premium to the spot price, which continued to trade flat at around US$41 per pound, she said.
US equities are starting to give back in early trade Monday while commodities trade flat.
Shares of the No 1 US Internet search company initially rose 5 percent on the stronger-than-expected results, but then erased gains to trade flat after hours.
PizzaExpress said sales in the 16 weeks to October grew just 2 per cent on a like-for-like basis with London trade flat and regional sites up 6 per cent.
Trade flat with slicers looking for greater market share to survive