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 ?
Ewer says her Web site teaches its 100,000 registered members how to clean efficiently and as a family.
Cleaning the windows on earlier models of HMMWVs is easier, but you still have to take care how you clean.
Cisco Clean Access Out-of-Band gives us much greater flexibility and is easy to deploy," said Robin Manke-Cassidy, technology support principal for Arizona State University's information technology department.
New source review requires plants grandfathered under the Clean Air Act to install modern pollution-control equipment whenever upgrades or non-routine maintenance of a plant increase air pollution.
Rather, the carpet can be dry-cleaned and returned to use immediately, and users can continue to walk safely from the clean carpet onto the hard surfaces.
I have decided to clean my slate of this hurt, and not allow it to make me angry or have a negative effect on the way I treat others.
We've asked our players' about their past experience with the power clean and almost all of them have reported problems.
Perc is regulated as an air pollutant under the Clean Air Act and constitutes an environmental contaminant when found in soil and water.
A M Support Services Ltd B & L Services Ltd Cater Clean Ltd Crusader Cleaners Ltd Farrow System Ltd
Since its inception, China Clean Expo has welcomed renowned industry experts to join the judging panel.
Novice do-it-yourselfers will learn how to fix leaky faucets, install a dimmer switch, clean gutters, repair broken windows, hang decorative shelves and more with easy-to-follow instructions and more than 300 helpful illustrations.
The old days of using strong solvents to clean press fabrics are over, and new chemical cleaning products must meet VOC standards while still being strong enough to provide real cleaning power.