End Of Day

End Of Day

End Of Day is a term used in the financial markets representing the end of the trading day, which is the point when trading ceases. In some markets it is actually defined as the point in time a few minutes prior to the actual cessation of trading, when the regular traders' orders are no longer received. During this period, the market is performing what is called a "Run To Cash", which is when the market is reconciling to its underlying Cash Market.

In the United States military, end of day is the time when all scheduled training and administrative work stops. The unit's senior noncommissioned officer may hold a formation at this time. During this formation, guidance is given to the enlisted members, the unit commander may publish information and the unit is released. However, some members of the unit, especially maintenance crews, may continue working. It is also called Close of Business or COB.


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  • End Of Day Order — A buy or sell order that specifies a price for the security, and keeps the transaction open until the end of the trading day. If a transaction is not made as the desired price is not met by the close of trading, the end of day order will be… …   Investment dictionary

  • End of day —   A computer program and procedure run in an automated system at the close of each banking day …   International financial encyclopaedia

  • end-of-day sweep — An automatic transfer of funds from one bank account held by a company to another of its bank accounts, usually one that pays interest on deposits. The sweep takes place at the end of every day, or at the end of the day when certain conditions… …   Accounting dictionary

  • end-of-day sweep — An automatic transfer of funds from one bank account held by a company to another of its bank accounts, usually one that pays interest on deposits. The sweep takes place at the end of every day, or at the end of the day when certain conditions… …   Big dictionary of business and management

  • end-of-day glass — ˌ ̷ ̷  ̷ ̷ ˈ ̷ ̷ ˌ ̷ ̷ noun Etymology: so called from its resemblance to objects made by glassblowers at the end of the day s work to use up various odds and ends of glass left over : glass of various colors mixed together …   Useful english dictionary

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