Block


 

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Block

Large 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

Similar Matches

Blocked currency

Blocked currency

A currency that is not freely convertible to other currencies due to exchange controls.


Specialist block purchase and sale

Specialist block purchase and sale

Purchase of a large number of securities by a specialist for himself or to pass on to another floor trader or block buyer.


Block trade

Block trade

A 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 voting

Block voting

Describes a group of shareholders banding together to vote their shares in a single block.


Blocked funds

Blocked funds

Cash flows generated by a foreign project that cannot be immediately repatriated to the parent firm because of capital flow restrictions imposed by the host government.


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block trade
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