End of day: Difference between revisions

Content deleted Content added

Inline

Latest revision as of 11:41, 12 December 2023

End of day (EOD), end of business (EOB), close of business (COB), close of play (COP), or end of play (EOP) is the end of the trading day in financial markets, 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. EOB, COB and COP in the U.S. is usually at 4:00 pm. In the United Kingdom, these terms typically refer to 17:30, while EOD is 23:59.

United States military

In the United States military, end of day or close of business 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 given the command to fall out, which usually means done for the day. However, some members of the units, especially maintenance crews and those on charge of quarters duty, may continue working.

References

This economic term article is a stub. You can help Wikipedia by expanding it.

This military-related article is a stub. You can help Wikipedia by expanding it.

@@ Line 1: / Line 1: @@
+{{Short description|End of trading day in financial markets}}
-{{Distinguish|End of days}}
 {{noref|date=January 2016}}
-[[File:Floor of the Toronto Stock Exchange.jpg|thumb|300px|Traders at the Toronto Stock Exchange, c. 1935 pose for a photograph at end of day. Note the discarded papers on the floor.]]
+[[File:Floor of the Toronto Stock Exchange.jpg|thumb|300px|Traders at the [[Toronto Stock Exchange]], c. 1935 pose for a photograph at end of day. Note the discarded papers on the floor.]]
+'''End of day''' ('''EOD'''), '''end of business''' ('''EOB'''), '''close of business''' ('''COB'''), '''close of play''' ('''COP'''), or '''end of play''' ('''EOP''')  is the end of the [[trading day]] in [[financial market]]s, 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 [[spot market|cash market]]. EOB, COB and COP in the U.S. is usually at 4:00 pm. In the United Kingdom, these terms typically refer to 17:30, while EOD is 23:59.
+== United States military ==
-'''End of day''' ('''EOD'''), '''end of business''' ('''EOB'''), '''close of business''' ('''COB'''), '''close of play''' ('''COP''') or '''end of play''' ('''EOP''')  is the end of the [[trading day]] in [[financial market]]s, 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]]. EOB, COB and COP in the U.S. is usually at 5:00 pm but typically 5:30 pm in the United Kingdom while EOD is 23:59.
+In the [[United States Armed Forces|United States military]], '''end of day''' or '''close of business''' 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 given the command to fall out, which usually means done for the day. However, some members of the units, especially maintenance crews and those on [[charge of quarters]] duty, may continue working.
-== In United States Military ==
+== See also ==
+* [[Time horizon]]
-In the [[United States Armed Forces|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 given the command fall out, which usually means done for the day. However, some members of the unit, especially maintenance crews, may continue working. The US Army also uses the term '''close of business'''.
 == References ==
@@ Line 16: / Line 20: @@
 {{mil-stub}}
+[[Category:Military terminology of the United States]]
 [[Category:Military slang and jargon]]
 [[Category:Share trading]]