exchange distribution

Exchange distribution

A sale on an exchange floor of a large block of stock in a single transaction. A broker bunches a large number of buy orders and sells the block all at once. The broker receives a special commission from the seller.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Exchange Distribution

A trade in which a number of small buy orders are placed together and executed in order to fill a single, very large sell order. An exchange distribution may create the appearance of a single trade (and indeed it is reported as such), but, in fact, it is the result of a streamlining process whereby a broker makes what would have been smaller trades at once. The broker receives a special commission for making an exchange distribution. See also: Block.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

exchange distribution

The sale of a large block of stock on the floor of an exchange in which a member solicits numerous buyers, each of whom takes a portion of the block. All the buy orders are combined, crossed with the orders to sell, and reported as a single trade. An exchange distribution is facilitated by the fact that buyers usually do not have to pay a commission. Compare exchange acquisition.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
Mentioned in ?
References in periodicals archive ?
Postmaster General Josefina de la Cruz led the launch of the PhilPost temperature-controlled warehouse, an 845-square-meter facility at the sprawling Surface Mail Exchange Distribution Center at Manila North Harbor.
PhilPost opens 1st freezer warehouse
Connecture (Nasdaq:CNXR) has been selling private and public health insurance exchange distribution systems since 1999 -- when Barack Obamawas still a community organizer in Chicago -- but it's having trouble getting stock investors' minds off of oil prices.
Connecture faces life as a public company
Obama mentioned two existing health insurance exchange distribution systems operated by Utah and Massachusetts.
Obama backs Wyden-Brown flexibility proposal
Based in Singapore, Tan will report to Patrick Kwan and Andrew Jones, the Asia-Pacific co-heads of global financing and risk solutions, and Lutfey Siddiqi, the Asia-Pacific head of corporate forex and foreign exchange distribution.
Barclays Capital names Asia Risk Solutions head
housing starts fall below market expectations, said Seiichiro Muta, director of foreign exchange distribution and services at UBS AG in Tokyo.
Dollar falls vs. yen on strong Japan GDP, grim U.S. economic outlook
A new health insurance exchange distribution system is supposed to help individuals and small groups buy standardized, subsidized coverage.
Thanks for nothing: health care reform will deliver another 32 million paying customers to health insurers by 2014. So why can't they be more happy about it?
''We cannot be certain from this data that Japanese economic conditions are improving,'' said Seiichiro Muta, director of foreign exchange distribution and services at UBS AG in Tokyo.
Dollar dips at upper 104 yen level on grim U.S. outlook
With recent attention focused on the health of the eurozone economy, there was widespread market speculation that ''concerns about a strong euro would be expressed at the press conference,'' said Seiichiro Muta, director of foreign exchange distribution and services at UBS AG in Tokyo.
Dollar hits two-week low vs. yen on sharp Asian equity declines
economy is still not that strong, there is no longer much merit in carrying out rate cuts,'' said Seiichiro Muta, director of foreign exchange distribution and services at UBS AG in Tokyo.
Dollar hits 2-month high vs. yen on hint of Fed rate hike
Seiichiro Muta, director of foreign exchange distribution and services at UBS AG in Tokyo, said credit worries also linger, with the market looking at the January-March quarter U.S.
Dollar moves in tight range vs. yen before key U.S. economic data

Financial browser ?
Full browser ?