Trade flat - Used in the context of general equities. For convertibles, trade without accrued interest, preferred stock always trades flat as do bonds on which interest is in default or is in doubt. For general, trade in and out of a position at the same price, neither making a profit nor taking a loss.
Trade flat : used in the context of general equities. for convertibles, trade without accrued interest, preferred stock always trades flat as do bonds on which interest is in default or is in doubt. for general, trade in and out of a position at the same price, neither making a profit nor taking a loss.