As partners, Plato Partnership and Turquoise will develop increased efficiencies for the electronic execution of anonymous block trades
in European equities in response to growing demand from market participants, particularly buy-side firms.
7bn was made by unidentified investors in block trades
on Monday, said sources.
Liquidnet said it continues to provide members with liquidity that allows them to execute large block trades
We examine insider negotiated block trades
to investigate whether new active blockholders with special expertise create shareholder value.
In particular, it is important that large or less-liquid transactions be classified as block trades
and that the public reporting of such transactions be adequately delayed.
British metals and mining group Vedanta Resources (LON:VED), pursuing Cairn India (BOM:532792), has bought 11% in oil and gas explorer Cairn Energya[euro](tm)s (LON:CNE) Indian unit in block trades
, an informed person told Reuters on Tuesday.
If the proposal is upheld however, Liquidnet recommends a minimum threshold of A$100,000 for all block trades
In addition to the civil monetary penalties, Morgan Stanley agreed for the next three years to 1) notify all Morgan Stanley traders of significant new and modified trading rules; 2) administer a yearly enhanced training program regarding CFTC and exchange trading rules for all appropriate Morgan Stanley employees and 3) implement, within 90 days, enhanced surveillance of TAS block trades
on the NYMEX," the CFTC said.
To track it he checks the prices each broker gets for him against a list of all block trades
over 5,000 shares.
9 million shares - one of the largest block trades
in New York Stock Exchange history - as a victory not only for the management of RJR Nabisco, which strongly opposed Icahn's proxy challenge, but also for Icahn.
The sale was the last in a series of block trades
which has seen Blackstone and CVC reduce their stakes in Merlin from approximately 21% and 12% respectively to zero since the time of Merlin s IPO in November 2013, raising aggregate total gross sale proceeds of approximately Au1.