special bid

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Special bid

A method of purchasing a large block of stock on the NYSE by advertising a client's large buy order, and matching it up with a number of other traders' smaller sell orders.

Special Bid

A situation in which a member of the NYSE seeks to fill an order to buy a large number of shares by finding a series of smaller orders to sell the same shares. See also: Block trade.

special bid

A bid by an exchange member to fill an order to buy a block of a security. The member generally must find a number of sellers to accrue the required amount of the security.
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References in periodicals archive ?
At the Senate hearing, Batan said that since November, the DOTr had put up a special bids and awards committee to fast-track the procurement of spare parts for the MRT trains.
Only 7 MRT 3 trains running for 250,000 daily commuters
We created a Special Bids and Awards Committee for MRT-3 to address the urgent need to restore its service, expediting the procurement of spare parts," according to OIC Undersecretary for Railways TJ Batan.
Over 50 railway engineers from JICA kick off system audit on MRT3
Earlier, Joshua Bingcang, chair of the special bids and awards committee and senior vice president for business development and operations at the BCDA said the government is finalizing the terms for the operations and maintenance of the Clark Airport.
Megawide-GMR tandem eager to start Clark Airport project
The results are based on the Special Bids and Awards Committees (SBAC) in-depth evaluation of the qualification documents submitted by the bidders.
Philippines : Five eligible firms vie for Clark International Airport expansion project
The LRTA's approval to award the PPP project to the consortium was recommended by the Department of Transportation and Communications' Special Bids and Awards Committee, according to LRTA spokesperson Hernando Cabrera (Rappler).
Philippines Infrastructure Report Q4 2014 - New Study Released
The unbeaten Direct Access makes his fencing bow in the D A Harrison Novices' Chase, while Sumthyne Special bids to repeat his course-and-distance win in the Bowness Novices' Hurdle.
Carlisle briefing: Lungo pair look full of promise
Resellers who bill more than $5,000 are eligible for special bids.
The Planet Enhances Reseller Program With New Pricing Model, Bundles
Tugade ordered the creation of a Special Bids and Awards Committee for MRT-3 to address the urgent need to restore its service, which require the expedited procurement of spare parts, among others,' he added.
DOTr: Japanese engineers kick off MRT-3 system audit
All the financial bids that were opened today will be subjected to further review, evaluation and verification," Joshua Bingcang, chairman of the Special Bids and Awards Committee, told reporters.
Megawide, India's GMR lead bids for Clark airport expansion
chairman of Special Bids and Awards Committee of the department, said, "Because there is no other challenger, so we have to prepare resolution of award recommending Metro Pacific and it will be submitted to the Secretary.
Philippines : Metro Pacific Tollways Development Corp. to be awarded NLEx-SLEx connector road
The [Smartmatic] machines were tested four times and in all those times, the accuracy rating was 100 percent," said Ferdinand Rafanan, COMELEC's Special Bids and Awards Committee Chairman.
Smartmatic Signs Record $150 Million Voting Contract for the Elections in the Philippines
Jake Bingcang, chair of the BCDA special bids and awards committee, said earlier that they hoped to award the O and M contract by March 2018.
Gov't awards Clark airport deal

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