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 ?

Auto Business News-September 19, 2017--Tata plans to sell shares worth up to INR20bn in block trade

Tata plans to sell shares worth up to INR20bn in block trade

Summary: New Delhi [India], July 30 (ANI): Kashmir Chief Minister Mehbooba Mufti's appeal to the Centre to not block trade routes with Pakistan has not gone down well with many, as experts have pointed out that Separatists are the only beneficiaries from such a trade.

Mehbooba Mufti faces flak for 'cross-border trade' remark

M2 EQUITYBITES-September 12, 2016-Seagate announces execution of secondary block trade transaction of 12.

Seagate announces execution of secondary block trade transaction of 12.5 million shares with ValueAct Capital

The deal is said to be the largest block trade for the year.

Anbang hikes stake in China Merchants Bank

We find no support for the existence of permanent positive changes in share value where the firm is not taken over within one year of the block trade.

Who benefits in an insider negotiated block trade?

To forego the publication of pre-trade quotes, an order would have either have to be worth A$20,000 or more and priced within the best bid and offer across all markets or be classed as a block trade or large portfolio trade.

Australian market participants clash on key consultation issues

The price of the two legs of the trade was to be determined later by the market closing price, an arrangement known as a TAS (Trade at Settlement) block trade.

CFTC fines Morgan Stanley and UBS

8 million shares of common stock, worth nearly $200 million, in a block trade with Citigroup Corporate and Investment Banking.

Axis seeks capital boost through preferred share sale

The company must stay within trading volume restrictions unless it is doing a block trade.

Stock buybacks: the rules

The Firm has represented Apax Partners LLP on the block trade sale by Crystal A Holdco S.

United States : Apax Funds Sell 76.4 Million of Shares in Auto Trader

SE) in a block trade that could raise between KRW368bn and KRW375bn (USD328m-USD334m) as the US investment bank seeks to exit its holding in South Korea's fourth-largest financial holding firm.