Definition and explanation of the term End-Of-Day.
Term
EOD, short for End-Of-Day
Usage
Trading term, Trading Software, Trading Tools
Context
Answers questions: What does EOD mean? Define End-of-day trading. Explain EOD.
Definition of End-Of-Day
EOD is short for End-Of-Day and refers to financial instrument quotes that are based on the daily open and close bids for the given instrument.
Usually used in describing the capability of trading software. An EOD edition of a technical analysis software handle quotes on daily basis as opposed to intra-day quotes used for day trading.