Block trader

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Block trader

A dealer who will take a position in the block trades to accommodate customer buyers and sellers of blocks. See: Dealer, market maker, principal.

Block Trader

A dealer who buys and sells large blocks of securities, usually more than 10,000 shares or $200,000 in value at a time.
References in periodicals archive ?
It's the successor to the brokerage work that used to keep block traders busy decades ago, when the NYSE ruled Wall Street but a fair amount of its trading took place upstairs.
Controversy has arisen because many block traders would prefer to execute their trades automatically at inferior prices immediately if they can execute a trade that covers their entire block.
Trinculo followed up an easy success at Newcastle on his previous start with a pillar-to-post victory in the CSFB Block Traders Claiming Stakes.