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Special Bid

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Special bid
A method of purchasing a large block of stock on the NYSE by advertising a client's large buy order, and matching it up with a number of other traders' smaller sell orders.

Special Bid
A situation in which a member of the NYSE seeks to fill an order to buy a large number of shares by finding a series of smaller orders to sell the same shares. See also: Block trade.

special bid
A bid by an exchange member to fill an order to buy a block of a security. The member generally must find a number of sellers to accrue the required amount of the security.


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This is a special bid as it is a bid for rugby in Asia.
This is a special bid as it is a bid for rugby in Asia.
Nobby Mashimo, Japan Rugby Football Union chairman, said: "This is a special bid as it is a bid for rugby in Asia.
 
 
 
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