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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 markets, the point when trading ceases.
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 United States Military. In the United States Military, end of day is the time when all scheduled training and administrative work stops.