Piece

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Piece

Apply mainly to convertible securities. Increment of bonds that trade in portions of $1000 minimum. Not all bonds can be traded in "pieces," and the increments can vary.

Piece

Part of a block or exceptionally large amount or value of securities. While there is no specific definition of how many shares constitute a block, most people using the term refer to holding or trading more than 10,000 shares and/or shares worth more than $200,000. A piece is any section of this bought or sold separately from the rest of the block.

piece

A part of a large security offering.
References in periodicals archive ?
Now a 12-strong team of cops, led by Det Insp Gus MacPherson, is trying to piece together the last days of her life.
But by 2001, the team had gone through only about 300 bags, so officials began to search for a faster way to piece together the remaining 33 million pages.
One example will suffice: an Ontario Catholic high school teacher wrote to say that for the past five years he has been trying to "piece together" the Catholic doctrines which were never taught to him during his eleven years' attendance ar Catholic schools.
I sometimes will piece together a belt using the patchwork fabrics (or useable sections of dress shirt sleeves!) which further gives a coordinated look.
An auditor has been hired to piece together what happened, but Olchefske says he discovered in September two major contributing factors: Some revenues, such as $7 million in vocation education, were counted twice; and some costs, such as substitute teachers, were not accounted for.
Owner Roy Davies - helped Roy Noble to piece together the research using the farm deeds.
Develop a theme that goes with your subject and turn it into a thread that holds the piece together like ribbon and bow.
A retired senior chief photographer and founder of The Hook magazine, Lawson dug into archives to piece together the story.
"We can begin to untangle the complexity," says Harris, "and to find resonance in the dialogue between recent travelers and the descendants of earlier unwilling voyagers as Africans and African descendants piece together their stories to reconstruct a more complete history." Although Harris enlisted an essay by his friend and fellow artist Moyo Okediji, the dialogue at the heart of the matter feels lacking.
Through a fragmented, assertively nonlinear accumulation of flashbacks, dreams, and fantasias, we piece together the life of Nic, a successful English film director (played as an adult by Julian Sands and as a teen by Velvet Goldmine's Jonathan Rhys-Meyers).
Lotus 1-2-3 and Microsoft Excel may be the most popular spreadsheets for ordinary number crunchers, but for hard-core analysts who have to piece together many separate spreadsheets, the hands-down favorite program is Sinper Corp.'s TM/1 Spreadsheet Connector.
In 1983, for example, when the shooting down of KAL 007 elicited a virtually unified condemnation from the west, the Soviets managed to piece together enough selections of western coverage that they convincingly corroborated their version of the incident.