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 ?
A sophisticated cleanness concept in Plant 5 ensures that all pipes, fittings, valves, seals and flanges are produced to an ultra-high standard of cleanliness and are hermetically packaged and double-sealed ready for dispatch from the facility," said Gruber.
Nazim said that the cleanness and sanitations problem of Dir town had been improved when I took charge of Tehsil Nazim all the servants active working on the cleanness, about sanitation we had already make whole map of town to overcome on this issue soon.
During a meeting with imams and the mass media, Helal expressed his willingness to support the campaign for cleanness.
The Middle English Cleanness is a poem remarkable for its presentation of God, a ruthless master who easily succumbs to ire and does not hesitate to wreck the earth in a fit of anger, only to suffer from pangs of conscience afterwards.
The meeting focused on the necessity for monitoring the safety of food to conform to international standards on the health, cleanness and environmental levels.
THE FOURTEENTH-CENTURY ALLITERATIVE POEM Cleanness depicts episodes of divine vengeance so terrifying that one critic has branded it "the most frightening poem in Middle English.
The school is very well known throughout the community as a leader in education, cleanness, presentation, and the production of accomplished students.
They must learn about the high military moral, the cleanness and support of the national and international war norms in order to win national rights," said Fazli Veliu.
Wittmann Battenfeld explains: "The MacroPower--the third series of machines in the PowerSeries beside the EcoPower and the MicroPower-stands out primarily by its compact design, high speed and precision, cleanness and optimal user-friendliness.
This agreement aims to boost co-operation between the two cities in various fields like cleanness, environment protection, culture, parks and tourism.
He asked media outlets to broadcast programmes on the importance of a clean environment and encourage residents to take part in the cleanness of Kabul River.
Studiosus selects hotels based on client evaluations, which rate facilities for atmosphere, comfort, cleanness, breakfast and service.