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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 ?
Solution reactivity with the materials being cleaned and the contaminating soils is directly related to solution temperature.
The correct solution choice will prevent damage to both the parts being cleaned and the ultrasonic cleaner itself.
They can't be cleaned, so if a damp cloth won't do the trick, move it out to the patio and enjoy it through the summer.
Because many buildings have not had their chutes cleaned in 30 to 40 years, many managers are initially content with just one cleaning.
Hotboxes (from eight machines) that previously required 16 hours of knifing a week are now CO2 blast cleaned in only four hours.
These must be periodically cleaned to prevent buildup and potential contamination to the wafer or display.
To prevent buildup and potential contamination to the wafer, these chambers must be periodically cleaned.
13 microns on some manufacturing lines, the new materials in wafer manufacturing, specifically low-k dielectrics and copper must be cleaned without leaving residue or causing damage.
Definitive results showed that the wafers cleaned with the ARIES tool achieved significantly higher yields than the wafers cleaned with the existing process or alternative methods.
Components are loaded through a door outside the cleanroom, then cleaned and unloaded through a door on the cleanroom side of the equipment.
The "EnviroSafe(tm)" system uses wet cleaning techniques on fabrics that are typically dry cleaned by most cleaners, Lafer said.
Wool garments, some silks and other perishable garments must be cleaned through traditional methods.