Step aside

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Step aside

Allow a block to trade at a price at which you do not care to participate in the trade.

Step Aside

To allow a block trade to occur because one does not wish to make a better bid or offer.
References in periodicals archive ?
I am confident that the investigations underway will clear my name but I am stepping aside at this time because it will enable the Company to continue to build the confidence of its strategic partners and shareholders without the distractions caused by my personal legal issues in Panama," Mr.
Campbell has made his recent career of stepping aside for someone else, but when he was asked whether all this shifting of roles - from starter to reserve, from power forward to center, from reserve to fill-in starter and from starter back to the bench - bugs him, Campbell didn't sidestep at all but answered the question directly.
It's definitely time for these executives to consider stepping aside to allow someone who recognizes the value of this highly-skilled, loyal workforce to buy these plants and run them.
DeBartolo said he also was stepping aside from any role in the project to build a new stadium for the 49ers in San Francisco.
The Board said Michael Watts, the company's fulltime CEO, had informed Directors in a letter on Friday 10/22 that he was stepping aside temporarily to deal with a personal legal matter unrelated to and predating by several years his joining Force Protection, Inc.
said that ``as a matter of conscience'' he was stepping aside to call attention to Republican ``subversion of an independent, fair ethics process.
Thirty-three years after founding what would become one of the nation's leading African-American-owned full-service communications agencies, Burrell Chairman and Chief Executive Officer Tom Burrell has announced that he is stepping aside "to allow a team of passionate marketing leaders to further evolve the agency's vision and potential.
Salmon also said that as of late Friday, Gingrich told him in a phone call that he had not ruled out stepping aside.
Clegg, a founder of EmergeCore, served as president and CEO until last week, when he announced he would be stepping aside.
Lykes will be stepping aside as Chief Operating Officer to fulfill his new duties as Executive Vice President of Corporate Affairs for HBC.
Stepping aside from this position, he will be able to continue advising Metricom while focusing on interests outside the company as he now sits on the board of a variety of other firms," said Dreisbach.