exchange acquisition(redirected from Exchange Acquisitions)
A trade in which a number of small sell orders are placed together and executed in order to fill a single, very large buy order. An exchange acquisition may create the appearance of a single trade (indeed, it is reported as such), but in fact it is the result of a streamlining process whereby a broker makes what would have been smaller trades at once. The broker receives a special commission for making an exchange acquisition. See also: Block.