Clean

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Clean

In the context of general equities, block trade that matches buy or sell orders/interests, sparing the block trader any inventory risk (no net position and hence none available for additional customers). Natural. Antithesis of open.

Clean

1. Describing a block trade in which the buyer agrees to buy all of the seller's securities or inventory he/she is offering. It often happens that a buyer is only interested in, say, half or three quarters of the securities a seller is offering. This leaves the seller with extra securities he/she does not want, and exposes him/her to the risk that they will be sold either at a low price or not at all. A clean transaction spares the seller from this risk, as the buyer takes all the securities offered off of the seller's hands.

2. Describing a company or individual with little or no debt. See: Clean balance sheet.
References in periodicals archive ?
The second unit in Sentry's line of cleanable fume extraction systems, the Model 300 Roundaire, is equipped with a Micro-Pleat Series 2 Filter that is cleaned by applying pressurized air to the filter while still in the unit's chassis.
Eventually Burlington will have prints -- with a soft hand, cleanable with Clorox, total cleanability and fade resistance," said Thompson.
Water-cooled models have cleanable shell-and-tube heat exchangers, while air-cooled versions have condensers with aluminum micro-channels that require less refrigerant while exposing it to a larger surface area for greater energy efficiency.
Ideal for sterile processes, it features a self-drainable hygienic design that is cleanable on the inside and outside.
The award of a three-year contract was confirmed by the STM's Board of Directors yesterday evening, following a first public call for tenders for the rental of cleanable and recyclable air filters for the STM's buildings.
The floor is designed to meet the unique needs of the industry such as a steam cleanable, non-shedding surface, which is slip resistant and hard wearing.
Company's AllenBradley MP-Series stainless steel motor is designed to meet government requirements with an easily cleanable design which is in accordance with best practices for food safety requirements.
This provides a thoroughly cleanable freezing zone--feature of importance in an industry where food safety demands are constantly growing.
25 ounce weights and is also 100% polyester 17 mesh polyamide/low melt; it is either washable or dry cleanable.
The new Radianse patient tracking tag has a 30-day battery, is completely watertight and cleanable.
It is the contractors% responsibility to verify net cleanable square footage for all facilities.
Despite an illusion of delicacy, both 54” Komodo and Split exceed 100,000 double rubs (Wyzenbeek) with solvent resistant, antibacterial and bleach cleanable properties that make them durable to wellness, hospitality and retail project standards.