Piece

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Piece

Apply mainly to convertible securities. Increment of bonds that trade in portions of $1000 minimum. Not all bonds can be traded in "pieces," and the increments can vary.

Piece

Part of a block or exceptionally large amount or value of securities. While there is no specific definition of how many shares constitute a block, most people using the term refer to holding or trading more than 10,000 shares and/or shares worth more than $200,000. A piece is any section of this bought or sold separately from the rest of the block.

piece

A part of a large security offering.
References in periodicals archive ?
The 27-year-old British No 1 from Essex went down 6-2, 6-3 in just 66 minutes and conceded afterwards that her game had gone to pieces.
Since finishing fifth in the European Open at the start of July, Hansen has gone to pieces (the battle for Ryder Cup places may be getting to him), and he missed the cut on his one Kennemer start.
Her elder sister has just been diagnosed with breast cancer and she has gone to pieces.