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 ?
I grew up with the whole 'everything had to be cleaned pristine' (attitude),'' she said.
IT'S ALSO IMPORTANT TO REMEMBER NOT TO MIX UP PARTS IF SEVERAL WEAPONS ARE CLEANED AT THE SAME TIME.
Although most castings, large or small, will be cleaned and finished, both low- to medium-production facilities ([+ or -] 200 molds/day) and high-production facilities ([+ or -] 200 molds/hr.
Heidelmann says molds can be cleaned in place, without disassembly or removal, when either cool or hot.
Let's start with the facts: (1) The appearance or performance of carpet in common areas is often disappointing, particularly in lobbies, hallways and lower-floor entrances to elevators; (2) build-up of odors (from incontinent residents) and spots/stains from medication and food spills are a constant concern and challenge; (3) turnaround time on dining areas, individual rooms and other guest/resident spaces is critical; (4) preventing mildew, mold and/or bacterial growth in rooms is crucial; and (5) often, the carpet is cleaned intermittently, after soil has built up and can be seen.
The beauty of it is that machinery, wiring, zinc molds, practically anything can be cleaned in half the time it takes other forms of cleaning, resulting in less downtime, says Sasseville.
Service members now have their vehicles steam cleaned at no charge by American Auto Logistics, Inc.
Ties are the only articles that he sends out to be conventionally dry cleaned, and those only with the customer's permission.
Are you tired of being cleaned out by your neighborhood dry cleaner?
The paper offered a bottle of champagne to readers who sent in the best stories of how they had cleaned their slates.