On a clean up

On a clean up

Used in the context of general equities. Willingness to participate in part of a trade if all of the stock available is spoken for except for the "clean up amount."
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

On a Clean Up

Describing a trade where one buys or seeks to buy all of the remaining securities in a block or, more generally, any securities that remain following an earlier trade. That is, one is on a clean up if one seeks to buy the leftovers from a previous trade that the seller was unable to sell to other investors.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved