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 ?
Joe Palmer snaffled a loose throw on Ruthin's own ball at the back of the line out and after a sweeping move left and a series of punishing scrums, in which Rhydyfelin were pushed and pulled to pieces, Roberts eventually grounded the ball.
He's be happy to realise that it's now part of our urban way of life, and just as the fox clearly enjoys being pulled to pieces, so would he.
Their defence was pulled to pieces by Arsenal in a 4-0 defeat last Sunday, and while Leeds obviously don't have players of Thierry Henry's class, the visitors still have the players to accept the chances offered to them by a generous Boro rearguard.
This grounding ensured my educashun woz of the hiyest standurd and so I was more than content to have my work pulled to pieces by 12 students with nothing better to do on a wet afternoon.
But now they have been pulled to pieces and the anti-social behaviour brought to an end after police and council officials found the hideaways.