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 ?
Two other South Wales fencers had a piece of the action in the last eight, with Cardiff's James Thorneycroft fighting to seventh position in the men's foil and Llantwit Major's James Harrington finishing sixth in the men's epee.
The Runners, Republicans from Lancaster, said the tax credit could give California a piece of the action even if the major contractors opt to go elsewhere.
3 Chiquitin I think we can get a piece of the action - he is peaking right now, on top of his game, and he loves the track.
When Transport Secretary Alistair Darling announced the creation of a transport innovation fund last year he generated huge interest from councils desperate for a piece of the action.
Now Angel Eyes has discovered the latest rockstar spawn wanting a piece of the action.
But before we got there all and sundry decided they wanted a piece of the action.
That's been the case over the last year, and global mining firms are racing to mineral-rich Latin America for a piece of the action.
Advantage West Midlands chairman Nick Paul has urged local businesses to stake their claim for a piece of the action in the multi-million pound regeneration developments that are transforming North Staffordshire.
Empty nesters, retired couples and even first-time buyers are grabbing a piece of the action,'' says Bryant's regional sales and marketing director Sheena Cook.
RUNNING FREE: A piece of the action at yesterday's Becher Chase meeting at Aintree racecourse; BOUNCING BACK: Summer Bounty emerges unscathed from behind the screens to loud applause
Yes, we're sending out an SOS to all hot blooded single men who want to grab a piece of the action at our first ever Single in the City gala night.
A crowd hungry for a piece of the action were soon dancing to the sounds created and twisted by the Underworld boys.