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 ?
Police would still like to hear from anyone who saw him in the moments before he died to help piece together his final movements.
Various narrators piece together the problems with the super-secret Project Amphora (sponsored by the Consortium) hidden in the bowels of a junkyard planet.
Anthropologists and historians who piece together the how and why of the ascent and collapse of civilizations, Linden writes, often overlook one major factor: climate.
With few leads and no witnesses to the weekend slaying of Reynaldo Misael Quijano, detectives on Monday were trying to piece together his life, hoping his past might lead them to the gunman.
In fact, the novel's style is not that of a traditional unbroken narrative, but rather a lengthy, hodgepodge collection of first-person reports and views from a wide variety of figures--each excerpt is rarely more than a page in length, and together they piece together a dark, unfolding story of the atrocities of World War II.
POLICE were trying today to piece together the events which led to an innocent bystander being shot dead as three armed bank robbers fled a building society with cash.
They have appealed for information to piece together his final movements on Friday night and early Saturday morning.
But I will try to piece together the puzzle," he says, adding, "One thing I learned in Washington is that you do eventually find out what went on.
Amidst an atmosphere of fresh air, dazzling sun, and glistening deep blue water, Lucia begins to piece together the dark corners of her past relationship.
The story shifts from narrator to narrator, allowing readers to piece together the story from a variety of angles.
Metrolink and Amtrak service was suspended in the area late Thursday while detectives tried to piece together what happened, said Sgt.
Balf draws from those texts, as well as other historical data, to piece together the events and reveal the story of these brave men who played a crucial, if unsung, role in the building of the Panama Canal.