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Block trader

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Block trader
A dealer who will take a position in the block trades to accommodate customer buyers and sellers of blocks. See: Dealer, market maker, principal.
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Developed by a consortium of leading financial services firms, the BIDS ATS resolves the classic paradox of the block trader - the need to find legitimate trading counterparties without prematurely revealing trading intentions.
BIDS Appoints Richard B. Levin as General Counsel, Chief Compliance ... by Business Wire
Developed by a consortium of senior sell-side partners, BIDS (Block Interest Discovery Service) resolves the classic paradox of the block trader - the need to find legitimate trading counterparties without prematurely revealing trading intentions.
Industry Veteran Timothy Mahoney Appointed CEO of BIDS by Business Wire
Because of its innovative approach to market structure and information disclosure, BIDS resolves the classic paradox of the block trader -- the need to find legitimate trading counterparties without prematurely revealing trading intentions.
Six Firms Launch New Equities Alternative Trading System by Business Wire
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