Is there any term for this?

Most day traders will go flat before market close, rather than at close because of liquidity.

For example, some stock traders close out all their positions by 3:55PM, not 4PM.

What do you call this time, 3:55PM in this example?

Thanks.
 
Quote from elitetradesman:

... What do you call this time, 3:55PM in this example?
...

"The big hand at the eleven, the little hand at the four."
 
Quote from elitetradesman:

Most day traders will go flat before market close, rather than at close because of liquidity.

For example, some stock traders close out all their positions by 3:55PM, not 4PM.

What do you call this time, 3:55PM in this example?

Thanks.
AFAIK it doesn't have a "name".
 
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