Block trader

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 ?
In addition, the market might believe that the block trader possesses information that is not reflected in the stock price.
Posting matching orders on the same side of the market causes the price to move against the block trader.
Of course, if the block trader were permitted to "trade-through" the superior bid as the SEC proposed in 2004 and consummate the transaction at $99.
Previous Experience: He is the former senior block trader and captain of cyclical equities trading for Morgan Stanley.
and he was an equities block trader at First Union Securities (now Wells Fargo).
Developed by a consortium of leading financial services firms, the BIDS Trading ATS resolves the classic paradox of the block trader - the need to find legitimate trading counterparties without prematurely revealing trading intentions.
Developed by a consortium of leading financial services firms, the BIDS ATS resolves the classic paradox of the block trader - the need to find legitimate trading counterparties without prematurely revealing trading intentions.
Developed by a consortium of leading financial services firms, BIDS Trading resolves the classic paradox of the block trader - the need to find legitimate trading counterparties without prematurely revealing trading intentions.
Naval Academy at Annapolis in 1993, came to Wall Street 12 years ago, as Vice President, Listed Equity Block Trader at Bear Stearns & Co.
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.
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.
Pipeline enables block traders to optimize the execution of large orders while denying competitors the information needed to take advantage of them.