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 classic literature ?
Yet there is truth in what he says, for, as you know well, the song was not of the cleanest.
This rise and fall of Walden at long intervals serves this use at least; the water standing at this great height for a year or more, though it makes it difficult to walk round it, kills the shrubs and trees which have sprung up about its edge since the last rise -- pitch pines, birches, alders, aspens, and others -- and, falling again, leaves an unobstructed shore; for, unlike many ponds and all waters which are subject to a daily tide, its shore is cleanest when the water is lowest.
And he had the nicest eyes and the softest, cleanest hands.
But as the pavements of Bristol are not the widest or cleanest upon earth, so its streets are not altogether the straightest or least intricate; and Mr.
And they crossed the street and walked into the cleanest little front room of a small house, half parlour, half shop, and bought a pound of most particular sausages, East talking pleasantly to Mrs.
Tartar's chambers were the neatest, the cleanest, and the best- ordered chambers ever seen under the sun, moon, and stars.
It was probably the cleanest spot in the whole house.
That portion of the town which it most favours is none of the cleanest, it is true; but the upper part is of a very different character, and has many agreeable streets and public buildings.
Aamir Khan is proud that the town in Maharashtra where he married Kiran Rao has been named one of India's cleanest.
Swarna Jayanti Rajdhani has been rated the cleanest train, while the Karnataka Express got the lowest ratings,"the survey said.
CARDIFF has been named as one of the UK's cleanest cities with some of the least overflowing bins in the country.
Auto Business News-December 18, 2017--Newsweek ranks Toyota as cleanest car maker