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Special Bid
(redirected from Special Bids)

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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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The unbeaten Direct Access makes his fencing bow in the D A Harrison Novices' Chase, while Sumthyne Special bids to repeat his course-and-distance win in the Bowness Novices' Hurdle.
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As director of strategic marketing for Oracle Canada, he managed the Big Six relationships, designed pricing, contracts, sales territories, sales force structures, compensation plans, special bids and marketing initiatives.
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