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 ?
Further research revealed that the protein was being lost because it was not being confined to the principal piece of the tail.
The 1-1[micro]m long principal piece follows the middle piece.
Earlier, Eriksson's principal piece of team news was the decision to hand Chelsea's John Terry his first international start, pairing him with Manchester United's Rio Ferdinand at centre-back.

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