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 ?
Very Little Theatre, 2350 Hilyard St., opens its production of "The Clean House" on Friday.
John clamors for folks to really clean house for the kingdom before Jesus arrives.
Or how about women give birth, after two weeks off, they hand baby to the father, who can look after it for the next 12 months, while we go back to work, come home to a lovely meal, clean house and sleeping baby?
THE brand new award-winning comedy The Clean House will be staging its Welsh premiere next month.
A clean house and all debts paid before the New Year.
Kath Bunt, who works for Bridgend County Borough Council, her husband Matthew and sons Joseph, nine, and Jacob, eight, won their holiday as top prize in a nationwide contest run by sustainwales.com to find out how to keep a clean house and conscience by only using the most natural products.
Brunetz, a celebrity designer known for his down-to-earth approach on The Style Network's "Clean House" series, presented his first Mark Brunetz Home brand of accessories to consumers via the Home Shopping Network last October.
After the election, Pelosi sought to capitalize on this perception using pointedly domestic imagery, promising to "clean house" and "take the Speaker's gavel from the special interests and place it in the hands of the children." Pelosi took much grief for backing her ally Rep.
Establishing a trust forces you to clean house and to identify what you have and where it goes upon your death, says Cole.
Now roadside cleanup volunteers and maintenance workers are being educated about the dangers of picking up litter tossed out when meth labs clean house. People coming across such materials can experience skin burns or lung damage from touching or inhaling fumes from meth waste.
It's nice to have the space and actually just having a clean house, hot water, radiators and fires."