The time during which the buyers and sellers of securities match orders so the least amount of cash or number of securities actually needs to change hands. This occurs after a trading session on an exchange. See also: Clearing house.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A period after the close of regular trading during which buyers and sellers may match orders.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.