Meaning of 48-HOUR RULE in English

48-HOUR RULE

The requirement that all pool information, as specified under the PSA Uniform Practices, in a to be announced (T.B.A.) transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48-hours prior to the agreed upon trade date .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.