blind bid

Blind Bid

A bid, usually by a portfolio manager, to buy a portfolio of stocks without knowing what stocks are included. Blind bids are useful when the portfolio manager wishes to buy stocks without affecting their market prices. Obviously, however, not knowing what stocks are included can be quite risky.

blind bid

An offer to purchase a basket of stocks without knowing exactly which stocks are included in the basket. Portfolio managers utilize blind bids when they risk affecting the market prices of stocks they buy and sell.
References in periodicals archive ?
However, the transparency offered by an extended auction process (with feedback on the level of winning bid at the end of each day) is likely to offer developers more comfort than a single blind bid approach.
The Resolution Foundation think-tank said that if home UK's PS20m blind bid THE UK is to plough PS20 million towards an ambitious plan to rid the Commonwealth of the leading cause of preventable blindness over the next two years, officials have announced.
The Resolution Foundation think-tank said that if home UK's PS20m blind bid THE UK is to plough PS20m towards an ambitious plan to rid the Commonwealth of the leading cause of preventable blindness over the next two years, officials have announced.
lack of regard members and fans in this As well as spending vast amounts to upgrade their grounds, counties had to blind bid for matches.
In response to the increased use of blind bidding, the Department of Justice concluded an agreement with the movie studios limiting the number of films which could be blind bid from January 1, 1969 to January 1, 1971 to three per studio per year.
As such, a buyer who had thought a deal had been agreed may well find out that he is put into a "contract race" or a "blind bid" scenario in the event that another buyer comes along who wishes to purchase the property for the same price or for more.
Nevertheless, while the ECB rightly wants to spend money developing cricket, the blind bid process to host Test and ODI matches, which pits one county against another, remains a cause of anxiety.
And that is also the price that farmers, in a blind bid, said they would be willing to pay to restore wetlands on their properties.
Postcards designed and donated by the likes of Sir Peter Blake, Mike McCartney, Holly Johnson and Paul O'Grady have gone on sale in a blind bid - where the bidders don't know who designed each postcard.
patented its online "double blind bid" dispute resolution system, Cybersettle.
As a strategist and trader at Goldman Sachs, Dermot Harriss was in charge of the Quantitative Trading Group s high-frequency market-making platform, and later for the development of the first fully automated blind bid principal risk pricing workflow.
With Gasol joining the Bulls, the Lakers were somehow fortunate enough to have won a blind bid involving waived player Carlos Boozer.