Block trade

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Block trade

A large trading order, defined on the New York Stock Exchange as an order that consists of 10,000 shares of a given stock or at a total market value of $200,000 or more.

Block Trade

A trade involving the sale of a large block of securities, usually more than 10,000 shares or $200,000 in value at a time.

block trade

A trade of a block of shares that is most likely to occur between two institutions because of the large amount of money involved.

Block trade.

When at least 10,000 shares of stock or bonds valued at $200,000 or more are bought or sold in a single transaction, it is called a block trade.

Institutional investors, including mutual funds and pension funds, typically trade in this volume, and most individual investors do not.

References in periodicals archive ?
On Wednesday, the airline said it will allow shares to be repurchased by way of block trades from EU shareholders as part of its buyback programme, which currently includes British shareholders.
These purchases may be carried out through open market purchases, block trades, accelerated share repurchase plans of up to $100M each, negotiated private transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
Penn National Gaming Inc (PENN:Nasdaq) said on Wednesday that its board of directors has authorised the launch of the new USD200m share repurchase programme through a 10b5-1 trading plan, open market transactions, block trades or in private transactions.
The stock repurchase program may be carried out through open market purchases, block trades, negotiated private transactions or pursuant to a trading plan adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission rules.
District Court for the Southern District of New York, the CFTC alleges that Defendants misused material, nonpublic information in connection with block trades of energy contracts on ICE Futures US, in violation of the CEA and Regulations, and also that EOX failed to maintain certain required records and failed to diligently supervise its employees.
Summary: The BSE total turnover almost doubled week-on-week, moving from US$ 5.0 million last week to US$ 9.5 million this week (excluding block trades of US$ 19.0 million on Solidere Ee"AEe" and Ee"BEe" shares).
Any block trades will not be managed by the securities company or credit institution carrying out the buy-back programme.
Liquidnet said it continues to provide members with liquidity that allows them to execute large block trades efficiently.
We examine insider negotiated block trades to investigate whether new active blockholders with special expertise create shareholder value.
The purchases of common stock will be executed periodically as market and business conditions warrant on the open market, in negotiated or block trades, or under a Rule 10b5-1 plan, which would permit shares to be repurchased when the company might otherwise be precluded from doing so under insider trading laws.
The share repurchase programme is intended to be implemented through purchases made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or block trades, or by any combination of such methods, in accordance with applicable insider trading and other securities laws and regulations.
The proposed rule requires all trades, except those that qualify as block trades, to be reported on a real-time basis.