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Block trade |
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Block tradeA large trading order, defined on the New York Stock Exchange as an order that consists of 10,000 shares of a given stock or at a total market value of $200,000 or more.Block tradeA term used by the London Stock Exchange to denote that a transaction was reported using the block trade facility, which is: at least 75 times the Normal Market Size (NMS) for a security with an NMS of 2,000 sharesor above 50 times the NMS for a security with an NMS of 1,000 shares. i.e. a very large transaction.Similar MatchesBlockBlockLarge quantity of stock or large dollar amount of bonds held or traded. As a rule of thumb, 10,000 shares or more of stock and $200,000 or more worth of bonds would be described as a block. Block votingBlock votingDescribes a group of shareholders banding together to vote their shares in a single block. Stumbling blockStumbling blockThe term that Bhagwati (1991) used, together with building block, to address whether PTAs help move the world toward or away from multilateral free trade. Block houseBlock houseBrokerage firms that help to find potential buyers or sellers of large block trades. Building blockBuilding blockSee stumbling block. Further SuggestionsBlock traderBlocked currency Specialist block purchase and sale Blocked funds Block list |
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