Late Day Trading - An unethical (if not illegal) practice where a hedge fund purchases and sells securities (usually mutual fund shares) after the close of a trading day, but makes the transactions appear as though they occurred before the market close.
Late Day Trading : an unethical (if not illegal) practice where a hedge fund purchases and sells securities (usually mutual fund shares) after the close of a trading day, but makes the transactions appear as though they occurred before the market close.
Late Day Trading