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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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.
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.
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.
The results are based on the Special Bids and Awards Committees (SBAC) in-depth evaluation of the qualification documents submitted by the bidders.
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).
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.
Resellers who bill more than $5,000 are eligible for special bids.
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.
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.
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.
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.
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.

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